Buyer refusing to pay

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TOPIC : Buyer refusing to pay

Posted on 01 April 2013 at 13:58:00

Hello,

I have a buyer from Europe with whom we have been dealing for 3-4 years. Due to a good payment history, we extended better payment terms (30% advance, balance 30 day clean credit).

He is now refusing to pay the balance amount, citing some flimsy reason for rejecting the goods and neither is he returning back the goods.

We have exhausted all options in communicating with him. Can someone advise on what legal options are available to recover this money? Or what government bodies can we approach to blacklist this buyer?

Thanks in advance.

Mr. Amit Shah

INDUSTRIAL TOOLS CORPORATION

Head - Business Development, INDUSTRIAL TOOLS CORPORATION
Chinchwad, India

Free Member, Joined :10/30/2004
No of Topics Posted : 1
Reply/Comments : 0

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