LawRato

Investor Harassment for repayment of Investment


09-Jan-2023 (In Corporate Law)
I and 2 others started a LLP company in August 2019. But due to covid lockdown we had irrecoverable financial losses and decided to shut down the company in November 2020. Now 1 of the partner who was sleeping partner cum investor asked to repay the invested amount, I agreed and signed a general agreement to repay but now he is harassing me and threatening me to repay the amount asap or else he will file case against me under economic offense . I want guidance to deal with this situation.
Answers (2)

Answer #1
831 votes
Not sure on how an investor can file an economic offense case and more so when you are a LLP.
your remedy to address the grievance arising out of general agreement to repay will be at district court and NCLT
Answer #2
758 votes
you file case Hindi Company Law board fore in insolvency and close the company and file damages 2nd ST sleeping partner I want to me petition and Company Law board and get your installment video call describing Pota returning you is illegal ITR login can opportunity is given to me I am fine competition inter Company Law board

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

Report abuse?

Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."