Debt Recovery

Payment Recovery for Businesses in Chennai: A Legal Guide

Payment Recovery for Businesses in Chennai: A Legal Guide

For any business, from a startup founder to a CFO managing a large enterprise, healthy cash flow is paramount. However, aged receivables and disputed invoices can severely strain working capital and disrupt operations. While pursuing payment, businesses often face a critical question: when does a follow-up call become a legal matter? As payment recovery legal […]

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Section 138 Cheque Bounce: Notice Timelines, Jurisdiction & Faster Closure (2025 Guide)

The dishonour of a cheque can be a significant setback for any business, disrupting cash flow and shaking trust with clients or partners. While often seen as a criminal offence, a cheque bounce under Section 138 of the Negotiable Instruments Act, 1881, is a powerful tool for commercial payment recovery. However, the process is highly

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A bank cheque stamped with the words "Funds Insufficient," illustrating a cheque bounce scenario.

Mastering Cheque Bounce Cases: A Guide to Section 138 NI Act

A bounced cheque is more than an inconvenience; it’s a direct threat to your business’s cash flow and stability. Under India’s Negotiable Instruments Act, 1881, a cheque bounce is a criminal offense. Section 138 provides a powerful legal remedy for businesses to recover their rightful dues. This guide explains the process, potential pitfalls, for mastering

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Payment Recovery Against Defaulters: A Legal Guide for Businesses

Payment Recovery Against Defaulters: A Legal Guide for Businesses

Table of Contents: Understanding Payment Recovery in India Payment recovery against defaulters in India involves a structured legal process to reclaim overdue payments from individuals or companies. This can range from sending a formal legal notice to initiating civil suits, insolvency proceedings, or arbitration, depending on the specifics of the case. The primary goal is

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A close-up of a business contract, highlighting the arbitration clause for debt recovery.

Arbitration for Debt Recovery: Faster Than Court? A Lawyer’s View

Table of Contents 1. Arbitration for Debt Recovery: A Comprehensive Guide to Getting Paid Last Updated: September 6, 2025 Arbitration for debt recovery is a private, out-of-court process where a neutral third party (an arbitrator) resolves a payment dispute. The arbitrator’s decision, known as an ‘award,’ is legally binding and enforceable like a court decree.

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The homepage of the MSME Samadhaan portal for payment recovery

MSME Payment Recovery Legal Services: A Guide for Micro Small Enterprises

MSME Payment Recovery Legal Services: A Guide Last Updated: September 12, 2025 Table of Contents: Understanding MSME Payment Recovery MSME payment recovery is the legal process through which Micro, Small, and Medium Enterprises (MSMEs) can reclaim overdue payments from their buyers. The Micro, Small and Medium Enterprises Development (MSMED) Act, 2006, provides a robust framework

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Foreign national company debt recovery India legal agreement.

Understanding Debt Recovery for Foreign Entities in India

For a foreign national or company seeking to recover debt from an Indian company, the process involves navigating India’s legal framework through specific courts, tribunals, or arbitration. This can range from out-of-court settlements and mediation to full-fledged litigation under the Commercial Courts Act, the Insolvency and Bankruptcy Code, or arbitration proceedings, depending on the nature

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