MUMBAI, India, July 7 -- Intellectual Property India has published a patent application (202441103264 A) filed by C. Vasanthaku Mar on December 26, 2024, for The Amount Recovered From The Buyer And Keep It And After The Delivery Of The Goods To The Buyer And.
Inventor includes C. Vasantha Kumar.
The application for the patent was published on July 03, 2026, under issue no. 27/2026.
Abstract: TITLES OF THE INVENTION The amount recovered from the buyer and keep it and after the delivery of the goods to the buyer and credit the amount into the Seller accont. ABSTRACT. From thei account of the buyer the cost of the goods,packing Charges and the total amount will be recovered and keep it. Till the time of the delivery or and upto the date of delivery both the parties cannot use the amount. If in case within the stipulated delivery date the goods were reached if the goods are not taken delivery,the amount of packing charges delivery charges will be calculated the balance arhount only be crfedited in the account of the purchaser automatically. In case eventhough the delivery was not done within the srXtipulated period orif any discrepancy arose and returned it is the mistale of the seller, Hence the complete amount will be credited in the purchaser account.w
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