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sahil gupta (Advocate)     05 February 2013

Company forfeited goods: any probable action??

A Company having shopping mall at Indore Licensed a shop to a company dealing in "Kids Garments" under Leave and License Agreement. The licensee (brand) failed to clear the outstanding amount payable by licensee for several months. The company officials wrote several emails to licensee, but inspite of discussions, no payment was made. Now after writing emails regarding:
1. request to clear dues and take away goods
2. final reminder
3. information that goods are packed up, kindly clear dues and take away goods.
4. after waiting for 3 months, Mall has forfeited and sold goods.
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How should we recover the remaining amount of Rs. 2.5 Lakhs.
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Any probable action possible against company/ or any steps by which company can get immune??



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