Claim from customer who is declared as sick company

geeta (Querist) 11 March 2014 This query is : Resolved
Hi,please help me. one of our customer is due to us a huge amount.as per discussion and communication, we come to know that our customer declared as SICK Unit.

In this situation,what we can do, can we get out amount.we have to file any suit or wait for disposal of their assets.Kindly guide us.

Follow Query

Report Abuse

Kumar Doab (Expert) 11 March 2014
Approach the liquidator with details of the due amounts.

Rajendra K Goyal (Expert) 11 March 2014
Lodge your claim to the liquidator.

Devajyoti Barman (Expert) 11 March 2014
yes, do as advised above..

Raj Kumar Makkad (Expert) 13 March 2014
If you have detailed information about the liquidator etc. then go for filing claim there otherwise obtain the help of a lawyer from high court.