Cheating in Business
Dear Sir / Madam,
I have a partnership firm at Mumbai by the name of Compak. Since i am not from Mumbai and the employee being my close friend had been running the firm since 2009. Employees wife was a partner holding 50 percent stake. During March 2023 year end when asked for statement of accounts the employee admitted with the help of CA, C.T. Gandhi he has started another firm in the same premises by the name of compak (proprietorship) and have siphoned out all my capital in form of goods from partnership to proprietorship firm . Complete customers have been taken aa customers are not aware of the situation as the address is the same , bank is the same, email IDs are the same. Capital to the tune of crores is under his control. My capital would be paid without interest in the coming years of time with condition no customers to be approached and no legal complaint to be filed as if approached legally it is good for him as he can enjoy the captial for years as such cases will take minimum 5 to 10 years and i will have expenses to fight the case and will have to travel frequently to Mumbai. Moreover since small amount of captial is being paid every month so even a judgement would be passed in his favour that my capital is being paid slowly.
Seeking legal advise if such criminals and CA's can commit such crime and blackmail me in this way making me helpless.
Thanking you and awaiting legal advise.