Questions & Answers
An Indian national took the money for investment and left to home country. What to do?
Hello Sir,
A foreign national (party1) (Jordan) invested with an Indian national (party 2) in the UAE for business. Party 1 has a security cheque of 100,000 AED from party 2.
Party 2 sold the company to another man and left the country.
How party 1 can get money from party 2 who is currently in India (Andhra Pradesh)?
Dear Sir,
Firstly for any lawyer to assist in this matter, we will need to take instructions directly from the aggrieved party and yourself.
It will be in his interest to cash the cheque given for his investment monies. If the cheque bounces, he can open civil and criminal cases and have a travel ban placed on the second party in India.
Did the parties sign an investment contract, if so what were the terms?
Lawyers will need a full discussion with party 1 as well as access to relevant documents. You may contact any of the lawyers who responded to you on this platform.
My firm is available during the forthcoming holidays and weekends. Kindly contact us via phone or email.
Many thanks,
Jennifer Arkhurst
