A, B and C entered into partnership to do business. The firm was not registered. All A, B and C are equal partners, each have full right to Operate bank account
Partner C Widrav amount without Consent to any Partner
Also He started his own business with same Nature of work and convert client using Goodwill of existing Partnership firm I have a bank statement of our current account and I think he is using this money to grow their own businessPlease detail what sections of IPC may be included.
If money has been fraudulently transferred or embezzled from companies account then you can initiate the proceeding under section 420/ 406 of Indian Penal Code against the said partner.
You can also file for recovery of money by filing civil suit in court having jurisdiction.
For any reason other queries, feel free to contact me at isidjain1@gmail.com
