PLIPDECO definition
Examples of PLIPDECO in a sentence
TI (Miami) alleges that TSL is the principal debtor of PLIPDECO and on that basis it forwarded PLIPDECO's invoices to Tropical Trinidad Agency Unlimited, the local agents for TSL, for payment since on or around April 2006.
TI (Miami) has, at paragraph 5 of its Defence, admitted that pursuant to the December Agency Agreement, TI (Trinidad) has settled invoices on behalf of TSCL including but not limited to invoices issued by PLIPDECO.
If PLIPDECO intended to purse this claim against A&R on the basis that the latter is acting on behalf of an undisclosed principal it ought to have said so in its Statement of Case or in their Reply to paragraph 3 of the Defence.
However, he did not produce documentary evidence of the payments recorded on the statement of account, such as cheques paid by TI (Miami) to PLIPDECO.
I conclude therefore that, prior to 2006, TI (Trinidad), as agent of TI (Miami), made payments on behalf of TSL/TSCL for services rendered by various entities, including PLIPDECO and that these payments were made in pursuance of the December Agency Agreement made between TSCL and TI (Miami).
He provided a Statement of Account which showed the cost of services rendered by PLIPDECO and the amounts received by PLIPDECO from ‘Trinforwarding’ for those services.
Here PLIPDECO is contending that A&R shipping is liable, not that they did not disclose their principal.
Further, she stated that for the period 8th February 2006 to 31st March 2006 TSCL obtained services from PLIPDECO to the value $294,249.54 which remains outstanding.
However, he stated that he was in no position to tell the court about the relationship between TI (Miami) and PLIPDECO.
On being questioned by the Court, she admitted that this summary did not make reference to the PLIPDECO invoices although she said that they were used to verify the figures.