Niyati offset proprietor name shailesh parikh

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I borrowed 4 lacs rs to Hemant shah, in 2012 by official Cash by official Cash in my clear shown in IT.
I got order also by IT.
Hemant Shah gave me cheque in 2013 but returned.
I went to court by 138. his advocate says, You casaed in the name of Niyati offset proprietor name shailesh parikh.
so give me guidance for laws & right of proprietor.
Thanks with hope.
Replies (10)

You will have to refer clause under proprietorship act, where it is specified....... that the proprietor is liable for all the liabilities of the proprietorship concern; similarly he is beneficiary of all the assets of the concern; even after its dissolution.

Better to take professional help from experience advocate in such matter.

Means Shailesh parikh & Niyati offset proprietor, I same.

Legally same.......... owner of all its liabilities and assets.....

Agreed with Shri Dhirajlal Rambhia
Agreed with Shri Dhirajlal Rambhia
Thanks Sir. Soory for disturbing you. I am in depression because of financial problems.

If addressed to me, I have already replied to the query...........

Still advice you to contact a senior/experienced legal advisor, for further action and reply to the objection raised by opposite party. You are in strong position, as the cheque has been returned without materialization. Only thing is you should take action fast, before lapse of allowable time period.

We can understand your situation. We are giving our best suggestion to you always.. Thank you Shri Dhirajlal Rambhia for response
Thanks Sir. your legal advice will definitely helpfull me. again Soory for disturbing you.

Actually its time for action, and no better advice from what stated earlier. May just suggest you to rope in a reliable advocate, who can get you your rights.

Good Luck .......


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