BK International Incorpo-rated yesterday said it is moving to the courts in India in an effort to recover $400M from Surendra Engineering Corporation Limited, the Indian company contracted to build the US$18M Specialty Hospital at Turkeyen.
In a statement, BK said that that the move to the courts in India comes after the Commercial Court here discharged an interim injunction restraining Brijen Parikh, Managing Director of Surendra Engineering Corporation Limited, from leaving Guyana without settling the claimed debt to BK International. The statement said that prior to the decision to take legal action in India, BK International had sought the intervention of the Indian High Commissioner to Guyana on the matter but saw no progress.
BK International, a sub-contractor on the India-funded project, said it is owed $180,100,242 for work done at the Turkeyen site in May, June and July, 2014. Three invoices dated May 12, June 4, and July 1 were dispatched to Parikh, BK said, and certified by the engineer on site. However, BK said that Parikh indicated that BK International Inc. could not be paid as a