I am working in a Logistics company and in the month of february we have customs cleared an shipment to an customer. The customer has made 2 cheque worth Rs,1 lakh and Rs.40,000. While presenting one of the cheque worth Rs.1 lakh has been cleared and other Rs,40,000 has not being cleared and the cheque got bounced. The reason for the same is Stop payment made by the customer.
When we tried to contact the customer further again he is giving excuses all the time, now its almost 5 months over. If we file a case against the customer how this issue will be cleared and with what time. ???
Whether we are able to get compensation for the same from the customer in terms of the interest rates.??