669+ Lawyers are online 
We have educational trust.Total 7 members.3 of opposite pannel, 3 of our pannel and 1 neutral.Opposi
25-Jun-2023 (In Wills / Trusts Law)
We have educational trust.Total 7 members.3 of opposite pannel, 3 of our pannel and 1 neutral.Opposite party person is chairman, I am secretary and neutral one is treasurer.Bank aacepts signs of any two out of above mentioned three on the cheque.
The problem-The neutral man who is treasurer did the fanancial fraud of 372000/-.He used my pre signed cheques for 72000/- and opposite party chairman's sign for 300000/- cheque.He transferred the amount to his own account(through cheque). Opposite party pannel dont have any objection moreover they three and fraud person are united now(so they are 4 now).But i have objection.I am of opinion that total amount should be returned to trust account.
What should be next legal action?
This is my response to you:
1. Issue a legal notice;
2. If they dont return the amount then file an FIR;
3. The criminal case wouls put the matters in motion;
4. Consult a local lawyer and take steps.
1. Issue a legal notice;
2. If they dont return the amount then file an FIR;
3. The criminal case wouls put the matters in motion;
4. Consult a local lawyer and take steps.
Helpful?
Adv. Gowaal Padavi
Mumbai | 500+ Answers
CONTACT NOW
Well, you have to admit the truth in the meeting with Beneficiaries. Make sure, you get the facts recorded in Minutes Book. If the Chairman & Treasurer & persons on their panel won't restore the money back to the trust's account. You shall file a case against them of forging your signature. Even, it is better to say in the meeting with Beneficiaries too, that, your's forged signature was being done by the treasurer to deposits money in his personal account & the treasurer is hand in gloves with the Chairman & other ones' which are against you.
Helpful?
Adv. Pankaj Bajaj
Mumbai | 500+ Answers
Chat
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.
Connect with top Wills / Trusts lawyers for your specific legal issue
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."
