Im a partner in registered partnership firm with one more partner (50% share each). The partnership is at will. Any partner can operate the bank account with his signature. A debit card has been issued by the bank, through which my partner has extracted around 2.5 lacs rupees till date without informing me, he has also taken out cash from the drawer. The name on the card is his and all details of his expenses appear in the bank statement. I want to take legal action against him for these withdrawals. This all happened when I was away on a trip. I have confronted him but he says that I will put in the money but he has not done it till date and is avoiding me.
What are the legal recourse available to me in a case like this before dissolving the firm? Today I got the card cancelled.
