LawRato

got fixed deposit maturity cheque but the company is bankrupt now


27-Sep-2023 (In Recovery Law)

My father had invested some amount in policy of golden forest bank when i was 1 year for me. The policy was that when i reach 21 year i will get some fixed amount. But the company is bankrupt but I have a cheque and other necessary documents. What should I do ??

Answers (1)

Answer #1
851 votes
You can avail a legal action. You can file an criminal FIR against all the former directors of the company and can put them behind bars for cheating you and your father. However you may not get amount in legal way but a criminal case may compel them to compromise with you.

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."