W e are a trading firm in INDIA dealing in iron ore fines and now interested to do overseas transactions on commission basis.
my question is SUPPOSE WE MADE AN IFPA AGREEMENT WITH THE SELLER.
THE SELLER, HOWEVER, GETS DIRECT WITH THE BUYER. BOTH OF THEM GOES THRU AN UNDERSTANDING AND DENIES ME ABOUT THE TRANSACTION.
LATER ON THEY WITHOUT MY KNOWLEDGE COMPLETES THE TRANSACTION .
WHAT WILL BE THE WAY TO PROTECT MY COMMISSION.
or otherwise also how to protect my commission sitting in INDIA.
CAN ANYBODY ANSWEAR ME ?