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We cannot advise on this with the lack of any documents. However, we are listing down the common steps you can take:
1) Send the legal notice to the company to pay up the outstanding amount along with interest and legal costs
2) If the company still does not pay up you can file a civil case against it to recover the outstanding Here if...
W Network
caHi, I would like to know the legal rights I can use against Tech startup who is not paying the outstanding of INR 7.5 lakhs against the services availed by my company. We are a travel company.
-
W Network
caWe cannot advise on this with the lack of any documents. However, we are listing down the common steps you can take:
1) Send the legal notice to the company to pay up the outstanding amount along with interest and legal costs
2) If the company still does not pay up you can file a civil case against it to recover the outstanding Here if the company is not able to pay the outstanding the company may instruct NCLT (National Company Law Tribunal) to wind up the company and recover whatever amount is possible by liquidating the assets of the company for which NCLT will appoint an official liquidator.
We can pretty much help you with all legal, accounting, and secretarial matters -> "Get your Wazzeer"
over 2 years ago
View answer
Hi, I would like to know the legal rights I can use against Tech startup who is not paying the outstanding of INR 7.5 lakhs against the services availed by my company. We are a travel company.
-
W Network
caWe cannot advise on this with the lack of any documents. However, we are listing down the common steps you can take:
1) Send the legal notice to the company to pay up the outstanding amount along with interest and legal costs
2) If the company still does not pay up you can file a civil case against it to recover the outstanding Here if the company is not able to pay the outstanding the company may instruct NCLT (National Company Law Tribunal) to wind up the company and recover whatever amount is possible by liquidating the assets of the company for which NCLT will appoint an official liquidator.
We can pretty much help you with all legal, accounting, and secretarial matters -> "Get your Wazzeer"
over 2 years ago
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