Bad debts

This query is : Resolved 

21 April 2014 sir,

When an agent misappropriates moneys belonging to his principal in fraud or breach of his obligation, the principal whether can claim as bad debts the misappropriated amount by the agent?...

If not so.... kindly explain me sir

21 April 2014 Actually this is a fraud case. U can claim it as Bad Debts.



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