Breach of Contract: Legal Remedies When an Indian Customer Fails to Pay
Every Indian business eventually faces a breach of contract when a buyer stops answering the phone once the invoice matures. The goods were delivered. The service was rendered. The payment simply never came. For a small supplier or a solo consultant, one defaulting customer can lock up an entire quarter of working capital. Indian law...
Read MoreHow Do You File a Money Recovery Suit Against a Company?
To file a money recovery suit against a company in India, the creditor must first verify the company’s legal identity, collect invoices, agreements, purchase orders, delivery proof, account statements and acknowledgements, issue a legal notice for money recovery, check the limitation period for a money recovery suit, and then file the case before the court...
Read More