Business dispute in case of same party having two branches
Manjari
(Querist) 28 December 2017
This query is : Resolved
Company is dealing with a party who has two branches. Company supplied to one of the branch who did not clear the outstanding timely for which legal case has been initiated. On the other hand the other branch has approached the company for supply of material and has given advance payment. Can the company recover the outstanding from such advance payment? Is there any legal remedy available?
Kumar Doab
(Expert) 28 December 2017
It is felt that if IT is same company then the supplier may succeed to appropriate the outstanding payment.
However, show all record, agreements, bills, communications etc to your OWN LOCAL counsel engaged/retained by your establishment, for a considered opinion on this matter, and your business reasons also. Till then hold to act on your own.
Dr J C Vashista
(Expert) 30 December 2017
Commercial query should be solved by a local prudent professional lawyer.
Kumar Doab
(Expert) 30 December 2017
As per docs, communication on record and business reasons and also advice of LOCAL legal adviser you/your establishment, may proceed further.
