Cuttack | 10 May, 2022 (1 month, 3 weeks ago)

General Advice

company is not ready to return the stock in the termination of distributorship

In the end of Aug’21 , Mr. Alok Roy (bearing mobile number : 9875940725/9831506620, mail id : royalok1962@gmail.com ) representing himself as the RSM of a Punjab based company Level One India having it’s office at 3-U colony, GTB Nagar, Jalandhar – 144003, had convinced us to take the distributorship for their Cigarate products comes in the brand name of Edge. As suggested by him, the PO was raised to company through him and an amount of 5, 59,804 (2, 00,000 was transferred on 1st Sep’21 & rest 3, 59,804 was transferred on 3rd Sep’21) was deposited in the company account shared by him. We started selling of products from 7th Oct’21, And from Nov’21 actual issue started when Mr. Roy deviated from his commitments, which was highlighted several times through email, finally on 16th Feb’22 we had decided to quit the distributorship. As per agreement the in case of termination of distributorship, the company should return the stock against the payment of the stock value. However Mr. Roy had started taking plea to settle with several commitments & multiple settlement dates. From 1st May’22 Mr. Roy had started avoiding and on 4th May’22 Mr. Roy denied to return the stock
Answers

You may contact us.

THANKS & REGARDS,
Komal Tyagi Advocate
LL.M.- Criminal Law

Founder- Justice In You
support@justiceinyou.com
+919667660556


10 May, 2022 | 19:36

I'll provide you certain legal suggestions, but for that i need to ask certain questions from you. For any further assistance, feel free to contact me on my e-mail "shubhampabbiadv@gmail.com"

regards,
Shubham Pabbi & Associates


10 May, 2022 | 16:23

Please reach me on whatsapp at 9794148274 for consultation


10 May, 2022 | 15:13

Dear client
As per your submission it reveals that this is a matter of company distribution
However
Give me details information about the matter then we will discuss your case
You can call me for advise on
9359867870


company-is-not-ready-to-return-the-stock-in-the-termination-of-distributorship-9574937

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