Touring the credits department at the Taj, I enquired as to whether clients had to pay for events in advance. The policy, I was told, is to settle finances within the ten day period that follows the function.
Carefully noting this down, I asked if there was any penalty for not paying.
“Well, not exactly … we do send a 20-day reminder, which helps”.
(Me) “Right, before the booking takes place?”
“No, afterwards.”
The reminder, then, is sent ten days after the deadline.
(Me) “But surely you charge them interest if they are late?”
“Sometimes, yes. We can actually take legal action.”
This was sounding more like it.
“The only thing is that legal cases take ten years to resolve.”
Another welcome to India moment …
Going Home to India 