Legal Question in Criminal Law in India

Section 403 & 406 of IPC

One of our partner has run away with certain amount by withdrawing the money from bank by signing the cheque. What are the remedies available to other partners & action required to be taken to protect themselves & recover money from him


Asked on 5/01/09, 6:05 am

5 Answers from Attorneys
RAJIV GUPTA (Cell: +91 9811284735) [email protected]

Re: Section 403 & 406 of IPC

a criminal complaint can be for offence of cheating and forgery and a civil suit for recovery of the amount can also be filed.

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Answered on 5/01/09, 2:32 pm
Pranav Desai PD Legal & Associates

Re: Section 403 & 406 of IPC

Already answered

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Answered on 5/04/09, 5:26 am
Shrichand Nahar S.V.Nahar, Advocate

Re: Section 403 & 406 of IPC

If that partner was the person authorised by firm to operate bank account, then only a Civil Remedy is available.

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Answered on 5/02/09, 1:56 am
Aniruddha Pawse Aniruddha.P.Pawse Advocates

Re: Section 403 & 406 of IPC

file suit for dissolution of firm and settlement of accounts with criminal complaint u/s 406 IPC

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Answered on 5/07/09, 2:13 am
Sudershan Goel India Law Offices of Sudershan Goel - Advocate

Re: Section 403 & 406 of IPC

You may file a suit for settlement of accounts.

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Answered on 5/01/09, 11:38 am


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