I was a distributor for the mobiles made by the name Spice from 2014 .The company used to send stocks on advance payments. The compay closed it operations in the last year 2016 .The schemes and claims and amounts of my DOA handsets (faulty handsets which were send ) amounts to Rs 334939/- This amount was derived after a long bargaining as a huge stock of Rs 12,00,000 faulty handsets and old configuration mobiles which were dumped by the sales team was supposed to be sales returned which they did not take after assuring me quite number of times.
Apart from this amount I had also rented out my warehouse for them which they had a rent agreement with me for 12000/- per month .Since they stopped the operations they informed me in the month of August 2016 and as per the agreement they were supposed to give me a 30 days advance notice .The rent for the period of 5 months is pending .
The company is not ready to settle they are offering 50% of the amount and they say they dont have funds .either you take it or do what you want