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Penalty Fee For Un Paid Invoice

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Hope this is right forum to ask this kind of question.

Please advise if a company was delayed to pay their invoice after agreed and singed contract for payment term, but NOT paying penalty fee, is there any legal way to go after ? and what is chance to win this battle, if we take it to a court ?

Thank you for your advice.

If the amount in question is substantial, go and find a lawyer!

But remember lawyers are not cheap so you have to decide which way to go.

opalhort

The Thai Commercial Code allows for interest to be claimed on overdue invoice amounts. Believe it is 7% annual

TH

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