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Procedure to recover dues from International vendors


22-Nov-2023 (In International Law Law)
I am proprietor exporting boiled cocoons from Ramanagaram, Karnataka. I had exported this to ABC Textiles Vietnam in the month of October 2016. The export was made on trust basis. I had exported this item to ABC Textiles earlier also and they had made payment promptly by transferring to my account in a month or two. Now, in my last export worth US&71500, the party downloaded the goods. I waited for payment for several months. I had followed up several times. Nothing happened. I personally went there to their factory at Vietnam. The owner chased me out of the factory gate by making his dogs to run after me. I do not know what to do as I do not have any agreements and the transaction was made based on the party’s mail confirmation, like in earlier occasions. Please advise me how to recover the dues.
Answers (1)

Answer #1
711 votes
You are not the only party who has become a victim in such international transactions. Agreed, trust should be there between the parties. But, without knowing the party, without background check up, one should not believe the party and transact. There are many cases we receive like this on similar grounds and also on other more complex grounds.

Anyway, you have to initiate legal action against the party. You can do this either here in India or there at Vietnam for recovery of dues subject to you establishing proof of import of goods by ABC Textiles. You can even complain to our government to support you in this matter.

Whichever available stream of action you choose, we can provide you professional help, if you wish to proceed. Our team in India and at Vietnam will assist you.

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

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