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Can I Sue My Business Partner for Misusing Company Funds?” – From Bros to Foes! π°ππ§Ύ Here’s a fiery and frequently asked client question: π “My business partner is misusing company funds for personal expenses. Can I take legal action against them?” π€πΈπ¦ π‘ Answer: Absolutely YES! Indian law provides strong legal remedies for financial mismanagement and breach of fiduciary duty by a partner or director. You can file a civil, criminal or corporate complaint depending on the type of business and evidence. π₯π§⚖️ #PartnershipDisputes #DirectorMisuseIndia #BusinessFraud #LexisAndCompany #CorporateLitigationIndia #BreachOfTrust #FundsMisuseIndia #CompanyLawRemedy π Legal Options Available to You: ✅ Civil Suit for Recovery – under Indian Contract Act & Specific Relief Act ✅ Criminal Complaint – under IPC Sections 403 (Criminal Misappropriation), 406 (Criminal Breach of Trust), 420 (Cheating) ✅ Petition before NCLT – if it’s a company under Companies Act, 2013 ✅...
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