Legal Question in Criminal Law in Pakistan

Business Investment as a sleeping partner

Hi, I invested some money with a firm few years ago and I have been receiving dividents regularly every three months. More than one year gone by, I didn't receive any divident from the firm. I was given three cheques two months apart to draw my actual investment from the bank but all the cheques has bounced, the reason given by the bank not suficiant funds. what is my legal course of action to take?. I have all the legal proof of investment with this firm. Thanks. best regards


Asked on 5/04/09, 8:29 am

5 Answers from Attorneys

Shaukat Kanjan Kanjan Law Associates Islamabad

Re: Business Investment as a sleeping partner

go for the registration of FIR under Section 489-F PPC. Civil Remedy also available

S.A.Kanjan Advocate,Islamabad

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Answered on 5/07/09, 8:45 am

Re: Business Investment as a sleeping partner

there are in fact more than remedies are available to you , one is to claim for the whole invested amount along with the profit till date , the other is to file a suit under order 37 CPC for the speedy recovery of the amount due on the cheques given (incidently dishonoured), third alternative and parallel as well , criminal persuit.

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Answered on 5/06/09, 9:33 am

Re: Business Investment as a sleeping partner

there are in fact more than one remedies are available to you , one is to claim for the whole invested amount along with the profit till date , the other is to file a suit under order 37 CPC for the speedy recovery of the amount due on the cheques given (incidently dishonoured), third alternative and parallel as well , criminal persuit.

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Answered on 5/06/09, 9:34 am
muhammad ahmad mian law associates

Re: Business Investment as a sleeping partner

hi, you must have signed the partnership deed,,, i personaly can not say any thing without rewiewing that

if u send it to me then we can see where we are footing

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Answered on 5/12/09, 10:59 am
sarfraz ahmad unas law firm

Re: Business Investment as a sleeping partner

your case is janioun one .reason given by the bank about not suficiant funds is suficiant for dishonour the check .at the same time you have two remidies

1-to get loge F I R angaisnt the accused firm under section 489-F ppc.

2-to file a civil suit for recovery of money against the firm.

for further detail please do not hesitate .

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Answered on 5/05/09, 1:21 pm


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