Hi all,
I and my two friends started a partnership firm. agreement written on myself and only one friend among them only with the share of 1:1. Because another one wanted himself to silent partner because he is doing a government job.all the funds transferred from my account to thye firm account.iam the managing partner.and the deed and rental deed was kept at silent partner.Current account opereations were jointly.(with the sign of both managing partner and partner).
unfortunately in last auguest my mother got cancer and i just wanted to take care of her treatment.iam unable to concentrate on business and just signed on empty cheques.After some time there are some disputes arised among us and i just want to quit the firm.I asked them to settle my accounts.
Iam asking them from last march but they did not settled me.they both are running the business without paying me single rupee.we did not enter any dissolutuion or retirement agreement.In the meanwhile also i signed on some cheques. I asked them for Bank statement for the confirmation that hoe my cheques are using.but they refused and said that you are not the partner now,you no need to bother about the banking transactions.Then i said that i will not sign on any document untill my accounts are settelled.
even then also they remain silent and doing business and they did not settelled my dues.They just want to avoid me.
Now i need clarity that how can i get my money because i dont want to continue in the firm.What are my rights and i have the copies of partnership deed and rental deed only.Originals with them only. Please tell me my rights and how to proceed.
Thanks in advance
