India  |  Investment Law

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9/08/09, 2:03 pm

Legal Question


I HAD INVESTED MONEY IN SHARES WITH ONE PARTY AND HE USE TO PAY MONTHLY RETURNS EVERY MONTH ON THE MONEY I INVESTED..HE ISSUED ME CHEQUE AGAINST THE TOTAL CAPITAL AND PROFIT AND GAVE ME CHEQUE BUT IT GOT BOUNCED WHEN I DEPOSITED THE SAME..I ISSUED HIM NOTICE UNDER 138..BUT NOW HE IS CLAMING THAT HE HAS PAID ME MAJOR AMOUNT ACTUALLY HE HAD PAID ME AS A PROFIT FOR WHICH I HAVE INVESTED WITH HIM..THUS WHO CAN I TACKLE THE PARTY AS HE HAS DONE FRAUD AND DONE WITH MANY PEOPLE..PLEASE REPLY ME ON dial_fun@yahoo.com and GUIDE ME ACCORDINGLY


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