What are the remedies available to an Indian exporter if a consignee failed to pay in his obligation

[SHOEB VAPIWALA]

Dear Sir

One of our client had been regularly exporting their auto and machinery parts as per agreement direct to an European country. They have been very good business relationship until the management of Indian exporter. As the management has been changed the consignee has raised technical defaults of the items and default to pay their obligation.

The Indian exporter had personally met their and granted some credit to the consignee and settled the payment terms cordially. On coming back to India the consignee disagree to pay their obligation and just mailed to us to close all communication related to payment overdue.

Main questions are

1. What are the remedies available to Indian exporter to collect their dues from the consignee?

2. Is their any European country related trade settlement forum / arbitrator ?

3. Is their any Forum of Indian - European country trade association like FICCI / CII or local chamber of commerce may help to the Indian Exporter to settle these issue?

4. If their is a sizable amount over due (say about EURO 1,00,000 and above), where we file suite against the defaulter consignee? Who are right authority to approach to settle the matter?

You Answer with communication address will be appreciated.

Thanks with regards

VAPIWALA S G

AI Summary

Indian Exporter Seeks Remedies for Non-Payment by European Consignee Amid Management Change; Explores Legal and Trade Solutions An Indian exporter faced non-payment issues from a European consignee, who cited technical defaults after a management change. Despite personal negotiations and granting credit, the consignee refused to pay and ceased communication. The exporter seeks remedies to collect dues, inquiring about trade settlement forums, arbitration, and legal actions in Europe. Responses suggest negotiating discounts, returning goods, and seeking legal advice. Further clarification is requested on dispute resolution methods, banking processes, and contract terms to provide a comprehensive solution. The discussion highlights the importance of understanding legal options and trade agreements in international disputes.