we went with a annual rate contract which is valid till 31.03.2020... its been going good with the client for the past 8 months... now since the automotive industry is going down, my client sales went down... my client has to payment a approximate amount of Rs 6 lakhs, our credit term with the client is 60 to 75 days,. now they are holding up the payments for the already supplied materials and now demanding to reduce 15% atleast to release the payment... they are saying they have already sourced a vendor with 20% rate reduced with our quotation...
as per our agreement, if they found better price in market, we will be given first preference to match that price, if not able to match the contract would terminate automatically...
my supply margin itself 10%, so its not possible to give discount of 15%...
now what can i do with this client
i have all the purchase order copy, contract and delivered signed copies.
any possibilities to recover my payment.
You will have to sue them for breach of contract.
Does my business address need to be in the state my LLC is registered in?
I have a internet business we don't have a physical location we just using the locations to accept business mail its an virtual office address and I was wondering since I am using the address for mail do i need to register with the state as an foreign LLC because my LLC is in another state and i will only be using that location is a mail process location. not really doing business at that locations. I give a clear disclaimer on my site that we don't have a corporate office and that we are a internet business
Apply for citizenship.
Do I qualify with my three DWI?
Last DWI was on 1994, and also have child support.
This are the only problems that I have. Please let me know if you can help me. Thanks in advance for your attention to my request.