How Can a Foreign Company Recover Money from an Indian Company? | Legal Notice for Recovery of Money
A foreign company can recover money from an Indian company through three main routes. It can issue a legal notice for recovery of money, file a civil suit for recovery of money under the Code of Civil Procedure, or invoke arbitration if the contract contains an arbitration clause. The right path depends on the contract,...
Read MoreBreach 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...
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