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SNo you have no legal rights to the property. The erstwhile owner had no boundation to inform you of the change in ownership if it didn’t effect your tenancy status or violater the agreement. Your father cannot refuse to acknowledge the new owner however “popular” or good “name” he has. If the new owners insist you will have to renegotiate /vacate. The monies spent on renovation /maintainance would fall under routine maintainance. And what do you mean paid electricity bill ?? Isn’t everyone supposed to do that ?SYes , there is breach of trust and violations of the IT act. The company can sue for contract breach,loss of business and can lodge an FIR for a criminal offense and your friend can do jail time. Best option is to settle , write an apology letter, ensure data shared is destroyed to the companies satisfaction . Whatever it takes to get out of the criminal complaint.SA question – when you say partner , what is the constitution of the business ? Register as an actual partnership ,llp or a pvt ltd ?
Viewing 10 posts - 1 through 10 (of 10 total)