I started Business Partnership with one of my friends in Jan 2022, but this was my first time and I was not having any experience of Partnership, so I did it without going legally.
Within 2-3 Months Projects started growing and we started earning monthly 5-8 Lakh, then with the same project with both started 2 more projects. Everything was going fine and we were writing all earnings & expenses in Google Sheets.
But in August, with Accident i was affected with brain damage as well. And it was too tough to recover for me. I was able to go to the office in Feb 2023.and even i forgot lots of stuff because of Brain Damage.
But when i told my business partner about Accounting of Revenue and Expense. He denies and says that he will not give 50% after earning. Even i talked with his father, but his father denied as well and said we will not give you a single penny. That time I found out that the family was a fraudster
Even in Panchayat he refused to give a single penny of revenue. Even took a lot of earnings before the accident, because he knew because of brain damage I forgot about where every revenue was coming from. And moreover he removed me as admin and took all three projects.
He was aware that the partnership was not legally registered. And I can not go legally and prove everything. He played very well with his mind and successfully made a fraud of 50-60L.
Currently I am not able to focus on my projects, because every day only one thing comes to mind about Justice. (Sirsa, Haryana)
A.In the given situation you need to nock the door of Court to access justice in the matter. In plethora of cases Supreme Courts, High Courts have allowed the petition for specific performance filed under Specific Relief Act even in case of documents not registered under the Registration Act or any other Act applicable on the subject. In case of Partnership firm Deed of Partnership is required to be registered by the Regsitrar of Firms and Society under Society Registration Act.
So get in touch with an experienced Advocate for service of a legal notice to your partner before nocking the door of Court for appropriate reliefs.
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Vidhikarya
A.Hello,
As per the information you have given it is advsable to you to reach out to an advocate fro better clarity..
Dear Client,
In the given scenario, serving a legal notice to other partners, you can file a criminal suit against them for criminal breach of trust and cheating under Section 316 and Section 318 of...
Dear Client,
A property/land hypothecated against a loan cannot be a subject matter of any agreement or contract. In the given scenario, serving a legal notice to the person, file a criminal suit agai...
Dear client,
You have a strong case to demand compensation for your share in the business, especially since you contributed significantly in both time and money. Here’s how you can approach this:
1)...
Dear Client,
A Deed of Partnership also known as a partnership constitution that governs the relationship between the partners and all other allied matters of a partnership business is a crucial and s...
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