04 February 2010
I am working in ABC Company. I sent Purchase order to Mr. A. Mr. A accepted the purchase order and replied me on Mr.A's letterhead in written that he is sending the goods from his B firm which is his sister concern but the billing will be done by Mr. A firm. We received goods on dilivary challan of B firm. Later we received Mr. A's bill and we made the payment to A. Now Mr. B is claiming the amount of sent goods. Now we came to know that there is not any connection between Mr. A & Mr B. Mr. A made dummy Purchase order of ABC [ My Company ] to Mr. B and asked B to send the goods to my company. He took money from us not paid to Mr. B. Now Mr. B is claiming the amt of sent goods
Plz reply what should i do ?, it urgent and important.
Weather my company found guilty in this transaction?
04 February 2010
Its a legal issue. Nothing can be done by chartered accountant. Your company and Mr. A has to arrive at a settlement as to how the transaction has been taken place.
04 February 2010
It is clear cut case of section 420 as fraud has been committed by Mr.A. Even Mr.A may also be held with charges of forgery as he has forged your signatures and issued a purchase order to Mr.B on your behalf. Also, Mr. A will have to prove the nature of receipt of cheque issued by you. It is better that you file a FIR with police by naming 'B' as a party to this.
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