I act as a international trading broker and agent, introduce buyers to my Principals who are sellers of agrocommoities, negotiate prices, conclude contracts, and get commission from Sellers after Sellers ship goods and receive their payment.
My Principals are based in Canada.
Recently my Principals have been contacting my Indian buyers without my knowledge and concluding business with them whom I had introduced earlier.
I introduced buyers to them on their assurance that they will pay me commisson for business they conclude with my buyers.
There is no written agency agreement with them.
I have received commissions in the past from them for some deals.
These introductions with buyers paves the way for millions of dollars worth of business to them.
I would like to know if by overlooking me and without my knowledge and going direct to my buyers, they commit breach of fiduciary duty and other legal provisions,
Kindly let me know if I can explore legal remedies.
If I can build a case, where should I proceed against them - in Canada or India?
My buyers can certify that they know this Seller only through my introduction, and that they placed initial business with my Principal based upon my honesty and sincerity in all business dealings. My Buyers know that my introduction of a certain Company can never go wrong.
In short, my Principals rode piggyback on my good name, goodwill with Buyers, and then after sometime, are throwing me away.
I have introduced atleast 10 Buyers. I have communications to show these introductions.