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FMCG / Consumer Goods

The debtor says payment is stuck in internal approval. What should I do in FMCG / Consumer Goods?

Answer

Internal approval is the debtor’s internal process and does not by itself resolve an overdue liability. Ask for a written payment date and escalation contact. If the delay continues, move the matter into a documented recovery process. The exact legal remedy should be selected after reviewing the specific facts and documents.

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The information above is general in nature. The correct legal route depends on your documents, limitation, contract and facts.

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General information only: These Q&As are educational and are not a substitute for advice on a specific matter. Applicable law, thresholds, limitation and procedure should be verified for the relevant facts and date.