Business loss Business loss

4 weeks ago

Sir, I have a clothes shop or there is a beauty parlor shop next to me but now she is also kept the same clothes or I am facing huge loss in my business, both the shops have the same owner or both of us are rent on there? Is there any legal rights available to me in India .

Anik

Responded 3 weeks ago

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A.Dear Client,

Given that the property in question is used for commercial purposes, any dispute concerning it falls under the jurisdiction of the Commercial Court established under the Commercial Court Act, 2015. A commercial dispute typically involves disagreements related to commerce among various stakeholders. These disputes commonly revolve around contract terms, fiduciary duties, intellectual property rights, among other commercial matters. Disputes of this nature can be resolved through court proceedings or alternative dispute resolution (ADR) methods. Therefore, considering the commercial nature of the dispute, you can seek redressal by escalating your grievance before the Commercial Court for resolution.
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Vidhi Samaadhaan Vidhi Samaadhaan

Legal Counsel Vidhikarya

Responded 4 weeks ago

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A.Dear Client,
Since it is a commercial property and used for commercial purposes, it is considered a commercial dispute, and the remedy lies with the Commercial Court constituted under the Commercial Court Act, 2015. A commercial dispute is a disagreement relating to commerce between two or more stakeholders. These disputes generally arise in relation to contract terms and conditions, fiduciary duties or intellectual property rights, and may be settled through court proceedings or alternative dispute resolution(ADR). So, considering the nature of the dispute, you can escalate your grievance before the Commercial Court for redressal. In the prevailing situation, reach out to an Advocate handling commercial disputes before the Commercial Court for guidance and steps
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Vidhi Samaadhaan Vidhi Samaadhaan

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