Breach of trust
Querist :
Anonymous
(Querist) 21 October 2011
This query is : Resolved
Dear Sir,
One of my friend Mr. Reddy is a software Engineer at Hyderabad. Mr. Srikanth has been introduced as a friend and suggested to start a Diary farm, my friend has invested Rs.20.00 Lacks on diary farm six months back and asked Mr. Srikanth to look after the business dealings as my friend is a job holder. They have not entered into an agreement.After three months Mr. Srikanth cheated my friend and he is maintaining the farm. When questioned to srikanth, as thereis no any documental proof,Mr. Reddy have no tights to enter the diary farm.Now my friend lost his job and he is now jobless.
Mr. Srikanth seeking fianancial assistance he approached my other friend and signed blank 100/- Non-Judiacary Stamp Papers, now how can my friend Mr. Reddy can avail the rights on diary farm, Mr. Srikamth has signed emty promisory notes and gave blank cheques for seeking finance, sincerey we want to help innocent friend Mr. Reddy.
Please help us by advising legally by what way my friend Mr. Reddy can get back his Diary farm.
Thanking you sir,
With Regards
Srinivas Rao
Nadeem Qureshi
(Expert) 21 October 2011
attached the all documents or give detailed information
Shonee Kapoor
(Expert) 21 October 2011
What is the agreement on that paper?
Unless complete facts are presented, difficult to answer.
Regards,
Shonee Kapoor
harassed.by.498a@gmail.com
prabhakar singh
(Expert) 21 October 2011
You have not told the mode of transfer of money of Rs.20lakhs as well as its date by your friend Mr. Reddy to man introduced Mr. Srikanth, and the time passed since the which is very crucial to think about remedies that may be available legally to Mr. Reddy.Do not rely too much on aftermath done for promissory note etc.
If transfer of money is proved then making it a case of partnership orally arrived at will be more better case provided formalities of registration etc.is possible.
ajay sethi
(Expert) 21 October 2011
mr reddy no lawyer on this site is going to advise you fill in the blanks in stamp paper for preparation of agreement .
before investing 20 lakhs had you spent 10,000 on legal fees you would not have been in this situation today .
how wasd rs 20 lakgs given ?
was it by cash or cheque?
has mr reddy sent any emails etc to his friend turned foe shrikant regarding the loan given of rs 20 lakhs?
has mr srikant sent any reply to emails, letters etc?
you better consult a local lawyer
Raj Kumar Makkad
(Expert) 21 October 2011
It is better to engage a local lawyer because chain of events mentioned by you do not seem with proper facts.
