Business Partnership Dispute Resolution

Summary

If a friend promised a business partnership but failed to fulfill commitments, document all communications and agreements. Consider sending a legal notice demanding repayment and fulfillment of promises. If financial fraud is involved, filing a police complaint may be necessary. For loans taken to repay debts, consult a legal expert or debt counselor in Karnataka for guidance.

Full Conversation

One of friend promised for business partnership now he is not showing any interest and he toke * phone on emi on my emi card not paying from last 4months giving fake commitment false hopes from last one year I left my job for this business partnership
I'm sorry to hear about your situation. Here are some steps you can consider:
- Document everything: Keep records of all communications and agreements between you and your friend.
- Legal Notice: Consider sending a legal notice to your friend demanding repayment and fulfillment of promises.
- Police Complaint: Since there are financial implications, you might also consider filing a fraud complaint.
Would you like to connect with a local lawyer for more detailed assistance?
And I toke loans to repay the debt now I'm unable to pay any loan and emis who is the responsible for this I'm in a total bad position I have total * loan because of him I'm getting mentally disturbed by this he giving me fasle commitment for last one years
I'm really sorry to hear about your situation. It seems very stressful. Have you tried discussing this matter with a legal expert or a debt counselor in Karnataka? They might be able to provide you with more detailed guidance.