Singapore firm sues Indian company for non-payment

Singapore firm sues Indian company for non-payment

Tuesday, 20 May 2003, 07:00 Hrs
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NEW DELHI: The Delhi High Court has issued notice to an Indian IT company for alleged non-payment of dues for services provided by a Singapore-based technology services firm.

Singapore-based MCI Worldcom Asia Pte Ltd filed a petition Monday seeking action against New Delhi-based IT company Cyquator Technologies Ltd alleging non-payment of U.S.$ 69,556 plus an interest of 12 percent.

Judge M.K. Sharma directed Cyquator Technologies to report to the court on August 28.

The MCI Worldcom said in its petition that it had provided telecommunication services to the Indian company from July 2001 to October 2001 on credit.

The agreement was signed in October 2000 and terminated a year later. The Singapore company accused Cyquator of not paying despite reminders.

Source: IANS
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