MNC COMPANY GIVE ADVANCE PAYMENT BUT PAYMENT STUCK VENDOR AND

Question

MNC COMPANY GIVE ADVANCE PAYMENT BUT PAYMENT STUCK VENDOR AND

02-Jun-2024 (In Corporate Law)

I hve one query for my business purpose I give some good Pharma raw material for Pharma company and Pharma company gives me advance payment but some incidents for raw material I give money for another vendor and he stuck my in crypto so I am urgently source another vendor to buy 1 tons material and 500 kg pass as a company specs and 500 kg rejected but since is I've no fund for MNC Company to return payment bcz my payment stuck first vendor and right now MNC COMPANY say we will case against you

Answers (1)

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Advocate Soham Desai LawRato · Accepted Answer · 2024-06-05T16:05:21+05:30

Answer #1

You need to be very serious about this warning from the MNC company. Bcs generally they have a big law firm or lawyer's team working for them day and night! If your money is stuck, that's your pain. MNC will not wait! either you act as committed or refund the payment thru Personal resources, since your money is stuck in illegal gambling like crypto currency. There's only one other way: hire some real good lawyer to counter-strategize MNC 's legal team. Sooner or later, you'll be sued for your pending dues by the MNC and at that time, you'll not have much time to pick and choose yourself a good lawyer! simply return the money to the company somehow or be ready to face legal consequences, starting from a legal notice. Feel free to connect, in case you need a good corporate consultant and commercial litigation practitioner.

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