Legal Question in Business Law in India
My issue is that my U.S. Principal who was supplying material to my Indian buyer has recently shipped substandard goods to them. So losses have arisen to my buyer of more than USD 20000.
My Principal has stopped communications with me on this reason. My business has crashed.
Kindly let me know on the legal options available to me whether to sue my Principal.
Look forward to your reply.
Asked on 2/10/14, 10:38 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
11.02.2014
Dear Sir / Madam,
As a commission agent, it is not you, but the Company who has been purchasing material from the US supplier that has to file a suit if in case it has lost monies due to substandard supplies.
Regards,
Answered on 2/11/14, 3:17 am
Related Questions & Answers
-
Can we have a draft copy of Tripartite Agreement for Export Purpose Asked 2/10/14, 12:43 am in India Business Law
-
What are the legal remedies available when someone enters into an agreement for... Asked 2/09/14, 5:29 pm in India Business Law
-
Hi experts, One of my relative has become agent of Lucky Draw system in Haryana and... Asked 2/09/14, 9:23 am in India Business Law
-
Hi, I have an important question regarding the partnership law.I have joined as a... Asked 2/07/14, 10:04 pm in India Business Law
-
Very urgent: appreciate if you can answer at the earliest. The train... Asked 2/07/14, 11:04 am in India Business Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
