Dear Sir
Your Expert View is required
Matter is we are having a Decree against Respodent having his plant in Hosur
The case is transferred at Hosur District as his factory is at Hosur
I stay in Mumbai
The respodent calls for Alternate Settlement thr Lok Adalat however the respondent himself does not turn up nor his lawyer whereas i am present at Hosur Dist Court
Now he is calling for the 2 nd time at Lok Adalat for settlement
Since first time he had not turned up inspite of his calling i am apprehensive that respodent will repeat the same action.
If the same is repeated can court take any action under contempt of order.?
Since the decree is for non payment of our dues and the matter is not getting settled in lokadalat what step i must take to have my money back.?
Can i inform bank where respodent is having account so as to lower his Credit rating?
Can i file a parallel case with NCLT?
If he is not giving money can i became a share holder or director in his company to the extend of the dues due to me?
Is there any agency where we can transfer the legal rights for some consideration?
I am registered under SSI and this decree was awarded under delayed payment act by MSME court of Dist Thane
AS Govt came up with any drastic plan for early settlement of long pending cases?
I will be grateful for the early reply.
Regards
Sanjay A