malihehhosseini
Deleted user
Lawyer
posted 2 years ago
Purchasing goods from China
Dear colleges, I need assistance with a case I came across. A company have ordered a load of Corten steel sheet from a Chinese company and paid €20,000 as a prepayment. Unfortunately, the Chinese seller after receiving the prepayment claimed a higher price due to the rise in global steel prices. At the moment there isn’t such thing as a contract between the buyer company and the seller, only a purchase order signed by both parties. The payment was paid after verification of PI(purchase Invoice), however, the seller has stated only in their email exchanges that the price will be fixed till the end of the agreement. What can be done at this stage? Can you please advise me regarding this matter.
Country
  • Iran
Fields:
  • Commercial and Business Law
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nedahakimi
Deleted user
Lawyer
posted 2 years ago
Dear Maliheh Please inform me about the place of agreement and the governing regulation. Reagards
ali
Deleted user
Lawyer
posted 2 years ago
I'll be happy to assist you with the case. ZakVocates.com
patnaiksv
Deleted user
Lawyer
posted 2 years ago
The terms and conditions of the Contract binds both the parties where there is no objections raised over the Terms and conditions of the Agreement by the Parties in the Agreement. Legal remedy can be seeked only and when there is a breach of any terms and conditions stated and agreed by both the Parties. Please go through the entire Clauses of the Agreement and you can conclude what to do and what not to do. Thanking you. With kind regards, S.Venkateswar Patnaik, High Court Advocate, Bhubaneswar, Odisha state India Mobile No📱📞+918480613309 Email📧 [email protected]
baharakbarzin
Deleted user
Lawyer
posted 2 years ago
As the case is quiet sensitive, I need to study thr contract thoroughly. I also need to know what legal jurisdiction is the contract based on? Is there arbitration clause provided in the contract Or not! Please provide me more information