Business case
VINAY B SHAH
(Querist) 30 October 2012
This query is : Resolved
Dear sir,
My client dealing in steel trading he supplied 10,000 kgs of steel to there party (abc) at time of due date the party (abc) give only 75% payment balance dues of 25% payment party (abc) says take from third party (xyz) (abc friend) so at that time my client accept and he take balance 25% payment from third party (xyz) by way of RTGS.
party (abc) as well as third party (xyz) have confirmed to adjust the said amount towards the dues of party (abc).
Now the third party(xyz) is denies after some days giving payment he is saying that retune my money which I sent u in advance for new purchase against purchase order.
Third party(xyz) send a Notice to my client
As my client never talk about new purchase with third party(xyz) or he don’t know about purchase order my client is shocked and surprised about the purchase order what to do.
my client adjust the 25% balance dues payment in their party (abc) account.
please give me your opinion & reference & judgment on it
thank you
ajay sethi
(Expert) 31 October 2012
repeated query
