Nature of grievance

SUIT FOR THE PRICE OF GOODS SOLD AND DELIVERED TO BE PAID FOR AFTER THE EXPIRY OF A FIXED PERIOD OF CREDIT: Where the price / payment due under the sale and delivery of goods is not paid even after the expiry of credit period – A Suit may be filed for the recovery of said dues, within three years from the date at which the credit period expires, under Article 15 of the Indian Limitation Act, 1963