Hi,
I am very new to this forum, I don't know how quickly I will get answer but if any one know then please reply me as I am in very big trouble.
The situation is little bit strange here, I am working for a company as branch manage, the trade license is under my name. I am working as branch manager and sales manager at same time. I have sold some goods in a European country in the month of May, I am supplying the goods to this company more than 2 years now, the payment terms were some time L/C and some time advance payment and some time few days credit. Now i supplied goods worth of around 75,000 USD to this customer. I supplied the goods on credit to this company, by the time payment arrive into our account the company went bank corrupt, bank froze all their accounts and now they are not able to pay this amount at the moment and the company is closed now, they will start working through another name but same business. They won't be able to pay us that amount all together but they promised to settle step by step. Now my employer is aware of this situation and first he stopped my salary, he is not giving me any money for my living since june. They accusing me of doing fraud with company that i released the goods to this customer and did fraud with the company and they are trying to put case against me. They took all the responsibilities from me which I was doing in the company. On one side my boss is telling me that you try to negotiate with the company and try to recover some thing then you will be given all your work again and all your dues will be cleared but on my back they are trying to put case against me. They are trying to put claim against me for the same amount.
can any one tell me how strong is my case? fighting would be worthy against that case or not.
Thanks.