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abhijit   09 May 2016

Partnership matter

I had entered into a partnership firm in the year March 2015.

There were two partners in the original firm Mr. B And Mr. G.

When I entered into the firm one partner Mr. B retired while Mr. G continued to be a partner.

But I found that the debtors as per the Balance sheet are false and all liabilties were also not shown properly.

When asked and taken follow up about the list of debtors and  their contact numbers there was issue and I found that the old partners are involved in collecting the entire money in their personal accounts while they are showing the debtors in the Balance Sheet.

As also all liabilties were not informed to me and day by day creditors are comming and asking for the payments . After that Mr. G who was the continuing partner has ran away and is now not searchable at all.

While the other retired partner Mr. B is saying that he is retired and not concerned at all about the old liabilties.

I have lost my entire investment and now the business is also closed .

I have no money even to find a good advocate who can help me in this regard.

Please guide.

 

 

 



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