• Salary not paid

Sir, 
I was interviewed with an offered a Job with a private Startup in Delhi, I was offered the Offer Letter as Bus. Development Mngr. on mail. I joined the company, and then after a month when the salary was due for September, they said that it will take a week more due to some fund issues. I never got it, and was still working, when on 13th October they told me that they told me they cant afford me here in Delhi and offered me the same role in Chandigarh, I said no to that and we mutually decided that 30th of October will be my last working day. After That I joined another company, but the previous one kept reassuring me that I will get the payment with a little delay, after a lot of effort they paid me 16000 Rs. and are refusing to pay the rest, citing lack of funds, while the company is still running.
Please tell me what legal options I have, the pending amount is only Rs. 53500, but its my hard earned money and I want it, I borrowed some from my friend thinking I will pay back from the salary.
I want legal remedy, what options and chances I have for this, also the steps to be followed for the same.
Thanks