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Maha   08 September 2016

India service provider contracts

My query is pertaining to Indian contracts (between two Indian parties). Service providers provide services to their customers where such services may involve serving on the equipment/ material of the customer. Most of such customers may fail to make payments for such services. To protect the interest of a Service Provider, is it legal to exercise lien on the equipment/ material till such amounts are released? Can the Service Provider insert a clause to that effect in the contract?



Learning

 3 Replies

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 )     19 September 2016

money suit can file in appropriate consumer forums for early justice. 

Ms.Usha Kapoor (CEO)     29 September 2016

You can exercise Lien on the equipmnt and Material till your customers pay their dues. You can also insert  a mclause to this effect in the Contract between you and the customer. It is verymuch legal. If you appreciate this answer please click the thankyu button on this  forum.

Ms.Usha Kapoor (CEO)     29 September 2016

You can exercise Lien on the equipmnt and Material till your customers pay their dues. You can also insert  a mclause to this effect in the Contract between you and the customer. It is verymuch legal. If you appreciate this answer please click the thankyu button on this  forum.


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