Who is an importer? &; what are his rights?
Sagnik
(Querist) 30 January 2013
This query is : Resolved
Dear all,
We used to import goods from a certain foreign manufacturer under a contract. A clause in the said contract stated that the title of the said goods shall remain with the foreign manufacturer until the entire sale consideration of the goods were not paid off by us. In this situation after the goods were brought into our country but before we could pay off the entire said sale consideration towards the foreign company; the bonded warehouse were the goods was stored in, was burned down in a fire incident & all the goods perished.
In such situation can we claim ourselves to be the importer of the said goods? In what legal relation do we stand in respect of the goods which perished in the fire?
Regards,
Sagnik Sanyal
R.K Nanda
(Expert) 30 January 2013
academic query.
Anirudh
(Expert) 30 January 2013
Whether it is a C.I.F. supply or FOB supply.
Anirudh
(Expert) 01 February 2013
You seem to be too busy to give the requisite information.
ajay sethi
(Expert) 02 February 2013
you can afford legal fees . contact a local lawyer
Sudhir Kumar, Advocate
(Expert) 09 February 2013
Y9u may be too busy that you cannot give details of case. But experts here are not too intelligent to invent an advise without facts.
