Pankaj Mithalal jain 08 August 2023

Regarding EOW recovery of money in financial fraud cases

how many time can eow take to recovery of money to give it to stake holder in case of nbfc fraud or we have to file fir and then writ petition in high court . what is best solution to recover full money ? what lawyer takes a fee for it.

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Quick Summary

This discussion addresses the timeframe for the Economic Offences Wing (EOW) to recover money for stakeholders in NBFC fraud cases. It explores whether filing an FIR and a writ petition in the High Court is the best approach for full recovery. The advice suggests that while criminal cases focus on punishing offenders, money recovery often requires filing a separate civil suit, rather than solely relying on the police.

2 Replies

anubhav Bhatt 08 August 2023

Dear Client, In such a case, you should file First Information Report against the Respondents or Accused Persons and as per recovery part is concern without examintion of facts and circumstances not able to guide you properly so when you feel free contact us then I'll explain properly.
Advocate Anurag Bhatt
Allahabad High Court
Mobile 📱 9198889990.