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Friend Demat account frozen and not able to get my money.


07-Feb-2023 (In Criminal Law)
Transferred money to a trade manager bank account and he was trading in his own demat account sending me only profit details. Also returns on it monthly. Suddenly he sent a msg that his demat linked bank acc has been frozen by police complaint. he is not returning my capital more than 6 months. Im unaware of his demat account details but checked with his bank and found to be frozen. He has given only cheques as surety along with pro note. How to move further on this.thanks
Answers (1)

Answer #1
551 votes
Dear client according to your statement you have Bank cheque leaves given by him. you didn't mention the money what you gave to him. so you can present the cheques in your bank . then you have to send legal notice to him through your advocate. and file case under negotiable instrument Act. I am here to help you please contact me thanks
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Advocate B Zakir Hussain

Adv. B Zakir Hussain

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