My business partner transferred all funds and disappeared. What legal steps can I take?

I’m from Pune, and my business partner has suddenly transferred all our company funds (₹15 lakh) to his personal account and is unreachable. We had an agreement in place about fund usage, but now I'm locked out of the financials. I feel betrayed and don’t know where to start. Can I file a police complaint or take him to court? I need to act fast as this has put me in a financial crunch.