Issue legal notice to company to pay your dues
2) if company fails to pay file summary suit to recover your dues with interest
Due payment not receive from other compnay
Dear Sir, we are from Gujarat based compnay and my client from Faridaba. we supply material to my client before 10 months ago. now we are asking for due payment so he will not make payment. so how can i get my money back and if i want to go with legal action so how ?
Asked 3 years ago in Business Law
11 Answers
Did you have any agreement with the other party? The contract will help you in claiming your money back.
If not then you have given him materials and you may be having receipts of it. File a suit for recovery of money.
- As per law, the said client is bond for the payment of material supplied by you.
- Send a legal notice to the said client and thereby ask for the payment with interest .
- If , no response then file a recovery suit against him.
1. Obtain Cheque for the due amount from your client and credit the Cheque into your account. If it's dishonoured, file a suit against your client U/s. 138 of Negotiable Instruments Act.
2. You can send a legal notice to your client for recovery of your due amount and if he doe not pay your amount due, file for a recovery suit in the jurisdictional Court.
Dear Sir,
1. Please look into whether a valid agreement/contract has been signed between you and your client. If there is a contract and he has breached the contract, then you may sue him.
2. Order 37 of Civil Procedure Code: This order is a power given to the person who wants to recover his money. This order permits creditor to file a summary suit. This order comes under the speedier trial. Once the suit is filed and summoned.
3. Appropriate remedy for you is to file a suit for recovery. the case will be filed on the basis of your invoices, receipts and other documents available with you. the matter may take anything around 1.5-2 years. you will get interest along on principal along with principal amount and also cost for proceedings.
Thank you
File a complaint with local police of cheating and criminal breache of trust
Once FIR is registered you can expect your money back soon.
Another option is to file civil suit for recovery.
Send a legal notice For recovery and incase the said legal notice fails to help, initiate recovery proceedings in court. If you are a MSME, recovery proceedings can be initiated for recovery under MSME act
First you send him a legal notice demanding the money due to you.
If he is not responding or fails to comply with the demands made within the time stipulated in the notice, you may proceed with a suit for recovery of your amount through civil court.
You can file a suit for recovery of money against sale of goods. Issue him lawyer's notice seeking payment with interest as mentioned in bill/invoice within 15 days and after that file a suit at your place of business. After that file suit will all proof of bills/invoices/statement of accounts and delivery of goods. At the time of filing of suit you can also get his properties attached by the Court. For further clarification you may contact me through Pathlegal. Hit the like button if the advice is useful to you.
1. Serve a lawyer's notice to your client to demand release of your dues,.
2. If the dues are still not released then a suit for recovery of money and a FIR for cheating can be filed.
If you are MSME you can file complaint in MSMEFC- Ahmedabad and if you aren't an MSME, you need to file suit of recovery along with attachment of the bank account of the respondent company.
