Hello Experts,
My friend(friend since last 7 years) started BPO services company with 3 partners and asked me join the business with profit sharing every month so I gave him 1,10,000/- on 1 August 2011,Exactly 1 year back from today thereafter he shut down the company just after 1 month i.e. in september 2011 as there was no any project to work and told me that see,there is recession,no one is giving us project and those who are giving us project all are fraud which was true,he spent all this money I gave to pay office rent and some furniture and later he dint re-pay me a single penny instead he is saying that I am screwd up for 4-5 lacs,you are just 1.1 lacs,now he is saying since last 1 year he is willing to re-pay;dont have intensions to make fraud,always telling me that he will re-pay tommorow,after 1 month,after 3 months but till date he is giving me dates but not giving a single rupee.
So, I asked for cheque he gave me 3 cheques 50,000/-(dated 21/01/2012)25,000/-(dated 21/03/2012),35,000/-(dated 21/04/2012) but all these cheques dishonored with reasong FUNDS INSUFFICIENT,so I drafted 138 notice,when he received notice he called me and fired me like nothing saying do whatever you want I will give your money only when I will have.go ahead with case I will manage your advocate,I will manage the judge and also I will slap you once I will give you money.
I have given plenty of time for re-paying to me( 10-11 Months) but he dint give a single rupee instead always abusing me on phone.saying you were counted there in profit sharing that time it was ok for you and now its all screwd up,you are running away.till date He have not added not my name in the said partnership on paper,no bank a/c of company have my name.
I request all the experts to help and guide me.Please.Thank you for reading upto last.
