Narendra 18 April 2018
Asgher Mahdi (Advocate & Legal Advisor) 18 April 2018
It is need to check the entire agreement that entered between you and the said fiance partner thereafter proper reply may be given. Infact, under the said agreement that entered any clause is mentioned that the premium/interest that were assured may be given only when it get profited? If that being the case, then the opposite party may rise that cluase for its non-payment or delayed payment. Your entire matter rest on your agreement that entered. If you enclosed the copy of the agreement the remedy may be given.
Rama chary Rachakonda (Secunderabad/Highcourt practice watsapp no.9989324294 ) 18 April 2018
You can inform to the party in writing and give sufficient time for recovery of your so called dividend and deposit the advanced cheque which was you received from the party. If the cheque is dishonoured file a cheque bounced case.
Asgher Mahdi (Advocate & Legal Advisor) 19 April 2018
Not an issue, but see that at any point of where in the agreement its mentioned that in the event of company being in loss they may constraint your agreed benifit? If not, you may proceed and file a case under breach of contract / cheating.
Narendra 19 April 2018