how to send notice for nonpayment

Querist : Anonymous (Querist) 19 May 2010 This query is : Resolved
we send material to our customer.but customer given some payment and now some payment is balance. now customer is not sending his balance payment from last five years.
we want to know that how we get back our payment.

please do the needfull.

thanking you,
yours faithfully.
jiten mota

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Guest (Expert) 19 May 2010
As the limitation period of 3 years have been completed, there is no way to recover this amount.

B K Raghavendra Rao (Expert) 19 May 2010
Normally arrears of payment are recovered by filing a money recovery suit. But limitation period for filing the suit is 3 years from the date of amount due or the acknowledgement of debt. Since the amount is not paid for over 5 years, you cannot file money recovery suit now. Legal options are shut.

Virender Pankaj (Expert) 20 May 2010
You may sent a legal notice to the customer demanding the balance amount, if he acknowledges the debt by reply or other mode, fresh limitation will begin from the date of acknowledgement, otherwise you have no legal remedy.

Ashok Yadav (Expert) 24 May 2010
I do agree with Mr. Pankaj.

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