1 Answer
Dear Client,
You should treat this as a partnership style investment agreement where you provided ₹10 lakh capital expecting a return and the return has turned irregular or stopped, and you have now clearly asked for your capital back. If there is no written partnership deed or there is a simple written deal, you can first send a legal notice by email or WhatsApp demanding complete repayment of ₹10 lakh within 15–30 days, and then file a civil suit for recovery of money (with interest and litigation costs) before the local City Civil Court or District Court. If you suspect fraud or false promises (“monthly income” with no real trading paperwork), you may also file a police complaint for cheating under Section 420 IPC (Section 318 of BNS) and/or criminal breach of trust and, if it is a registered broker or company, a complaint to SEBI/EOW. Do not delay further once you decide to act, because courts and police usually expect you to complain within a reasonable time after the promise is clearly broken.
I hope this helps and if you have any further issues do not hesitate to contact us.