Saturday, April 29, 2023

Ruby Incorporates moves court against Schwing Stetter India

Kathmandu, Apr. 27

Ruby Incorporates Pvt. Ltd. (RIPL) has filed a case in court against Schwing Stetter India Pvt. Ltd (SSIPL) challenging its project to search new dealer without providing a legal notice for the existing one.

RIPL, based in Lalitpur, is a construction equipment solutions provider company which has four branches and dealers out of the Kathmandu Valley.

It is an existing dealer of Schwing Stetter for Nepal. The Indian company had appointed RIPL as a dealer in 2019 and the latter has been promoting its products since then.

"But it came to our knowledge that SSIPL is looking for a new dealer without providing the legal notice period for the existing dealer," said the company.

 RIPL said it has enhanced its capacity and office space to accommodate the new products from SSIPL.

The dealership agreement should have been renewed in  April 2022, but SSIPL representatives were continuously postponing it.

As per the latest email received by the RIPL in December 2022, the agreement was to be renewed in  January 2023 but so far there was no information on the subject, said the company.

It has compelled us to find the solution by going to court for the compensation for the damage that was caused by the delay or possible termination of the contract by the SSIPL, added RIPL.

Director of the Company, Shriram Adhikari, said that the company was fighting against the wrong trend set by the businesses in and outside the country so that no other business house should suffer in future for the same case.

According to Adhikari, RIPL has been doing very good business since it signed a distributor agreement with SSIPL and has increased the business every year. 

Published in The Rising Nepal daily on 28 April 2023.

No comments:

Post a Comment

Featured Story

Govt prepares primary draft of DRR Policy

Kathmandu, Apr. 29: The government has prepared the preliminary report of the National Disaster Risk Reduction (DRR) Policy and Strategic ...