Credit secure
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 January 2015
Good Day.. I am operating small proprietorship firm & core business is Custom Clearance & Freight forwarding (Shipping & Logistics). I am not in position to give credit every new customer for getting business Like big shot companies do. But to stand in industry, current market scenario & competition we started to give a credit with or without cheques. But some customers cheated or taken advantage of this facility. I am seeking a letter format or credit application form which will in favor me only. Like customer can not waive any defense under usury or other laws relating to the Charging of the interest, bounce charges, cheque Stop Payment, Cheque representation charges,
Additional interest or any legal action againest him if he did not pay the amount.
this is became headache for me as in the year 2013-14 i have already lost approx 4-5 lakh. & after taking so many precaution in current year 2014-15 the amount is approx 2 lakh.
Can somebody please help me for this. Normally customer give us KYC which is customs also did mandatory for each exporter so while taking KYC, I can ask customer to give this type of declaration.
Additional interest or any legal action againest him if he did not pay the amount.
this is became headache for me as in the year 2013-14 i have already lost approx 4-5 lakh. & after taking so many precaution in current year 2014-15 the amount is approx 2 lakh.
Can somebody please help me for this. Normally customer give us KYC which is customs also did mandatory for each exporter so while taking KYC, I can ask customer to give this type of declaration.
Amol S Joglekar
(Expert)
03 January 2015
Normally you need to take the help of an ADVOCATE for such drafts....
It should be
Know all men by these presents that I....... ...... residing at ....... .... age........ occupations....
1 is that he should be put in the shoes of OFFERER
2. He should be made liable to repay along with his legal heirs.
It should be
Know all men by these presents that I....... ...... residing at ....... .... age........ occupations....
1 is that he should be put in the shoes of OFFERER
2. He should be made liable to repay along with his legal heirs.
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