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I am a Director and my partner filed a case on me 420, 467, 468


10-Sep-2023 (In Criminal Law)
I'm director of a Pvt Ltd company and need help from experts. My partner (another director) has filed a criminal case against me u/s 420, 467, 468 Company has only two directors. Below is the complaint against me. I have cheated him by taking his signs without his proper knowledge. (Completely wrong) He has done himself with all his intentions to make money. An approx amount in 15 lacs (True) has been transferred to my personal account. However, I was the founder and I did every possible thing to run the company but due to capital issues I was not able to take it forward and eventually i had to close the office last year. Company is still not wind up. I have made a several payments from my personal account related to business. My mistake is i have withdrawn money. Lack of accounting knowledge. I was young and trusted my partner a lot. Even though all was settled with him showing all cause he's now wants his all money back
Answers (3)

Answer #1
859 votes
You can defend the criminal case successfully. From the facts of the case narrated above, It will be difficult for him to prove the charges made against you. As a Director is responsible for the day to day activities of the company.
Answer #2
822 votes
You will have to great efforts and legal support to fight the criminal as well as civil cases to protect your self.

As you have also withdrawn money so it will require more details and info and documents to verify and then to suggest you the most appropriate legal strategy to protect you in all ways.
Answer #3
619 votes
Firstly you need to get the company wound up by filing proper proceedings in the court of law as well as per procedures of the company act. if your partner has filed a case at what stage is the case at ???? and just filing a case does not prove anything he will have to prove it in the court appoint a lawyer to fight the case for you. please contact your local lawyer for further advice

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