Debt pending
5 years ago
Hello,,i m mr roshan from ahmedabad..i m civil work contracter..3 years ago i complete one project of around 2.5cr on contract base but company does not paying me full amount..now yet around 25lacs is pending..they r not picking up my phones and they dont meet me..i dont have any valid proof of contract..so now what should i do ?? Plz guid me..
ROBERT D ROZARIO
Responded 5 years ago
A.an oral agreement is enforceable in the court of law. Provided, it fulfills other essentials (of Sec. 10) of the Indian Contract Act, 1872 you have to prove it with sufficient evidence. Send a legal notice by a local advocate from Vidhikarya. If they don't reply or pay the remaining balance, then lodge a complaint with the local police station for breach of contract, breach of trust and cheating. Parallely file a winding up petition before NCLT
Helpful
Helpful
Share
Deepak Yashwantrao Bade
Responded 5 years ago
A.Dear client your query is critical to prove about your contract.if you have valid proofs regarding remaining amount then better way to send legal notice through lawyer for payment . If they didn't reply you then you can approach to court for recovery and also file criminal complaint of frauds cheating and criminal breach of trust.
Helpful
Helpful
Share
Pradeep
Responded 5 years ago
A.It requires, complete investigation regarding mode of transaction for contract and payment made in pursuance there of so that any clue can be find out. Even verbal contract is valid contact.
Helpful
Helpful
Share
Rameshwar Dadhe
Responded 5 years ago
A.By advocate Rameshwor dadhe dear sir you should file recovery suit against them. If you have all records about communication.of phone calling.or transection record it is sufficient for as a evidence
Helpful
Helpful
Share
Sanjay Kumar Jha
Responded 5 years ago
A.Dear Client, if your debt or your payment is due with company since 3 ys. But did you issued any mail or post any notice or letter of your demand for due debt from that company.if yes then ok, if not u may be in trouble to get back or challenge legally. So pls. Contact me for further advice.
Helpful
Helpful
Share
Siddharth Singh
Responded 5 years ago
A.You can file the case of recover of amount. As you can use the transaction or conversation between you and the contractor to show the proof of contract
Helpful
Helpful
Share
Read Related Answers
Insolvency
Dear Client,
Under the Provincial Insolvency Act, 1920 (which is now repealed as IBC Code 2016), you can file for bankruptcy if you are unable to repay a debt greater than ₹500. After analyzing whethe...
How to get stay order of property possession taken by NBFC
Dear Client,
Sub-section (3A) of Section 13 of the SARFAESI Act was introduced by way of an amendment in the year 2004 whereby (3A) the borrower is allowed to make representation or raise an objectio...
Patient Defaulting payment
Dear Client,
A trade discount was allowed on the treatment package when the patient agreed with the condition of taking both sessions of treatment. So, in breach of said condition, the patient cannot...
Third party loan
Dear Client,
In the given situation, file a complaint against the third-party loan app and its recovery agents in the local Police Station and lodge a complaint online to the Cyber Crime Cell endorsi...
Private money lender harassment
Dear Client,
In the absence of any written documents supporting your claim of money from your friend, and moreover, you issued an NOCi. So, in such a situation it is almost impossible to get back the...
Read Blogs on Debt Collection
Debt Collection Lawyers
Find Lawyers by Location
