Cheating done by business partner. What legal action can I take ?

I got into business of supplying industrial gas with my partner who has been in this business for a decade. I have no experience in this business. The funding was 100% mine and the bank could be operated by either of us. Within four months, the bank account was empty and no account of expenses and income was given to me ever. I was continuously paying the EMI for the loan I have taken for the business but there was no income for me. Repeated requests to share the expenses and income with evidences were made but no heed was paid to that. the company was finally closed but account unsettled.