Appointment of Liquidator and his fees- Recovery of bad debts

Liquidation of Corporate Persons can also be considered as an effective method of recovering bad dues. Lately Insolvency Code has taken a trend in the business sector.

Proceed to NCLT for recovery of dues under Insolvency & Bankruptcy Code

To initiate recovery procedure one can approach the National Company Law Tribunal which exercises the power to dispose cases under Insolvency Code.

Sound Financial Status of a Company for framing Debt Recovery Policies- Presales Research

Here we will briefly discuss about the sound financial status of a Company and how it can have a positive impact on framing Debt Recovery policies.

Presales Research- Determining Size of the Business for Debt Recovery Management

An Article about the second step for presales i.e to find out the size of the business and how it is beneficial for framing a policy on Debt recovery management.

Pre Sales Market Research- Active/Dormant status of a Company for framing Debt Recovery policies

A detailed article where we discuss about the status of a company and how it can influence in framing debt recovery policies.

Importance of debt recovery for Corporates

The secret to any successful business is good customer relations. Don’t allow too much time to pass without notifying your client that credit terms have been broken.

Importance of Invoice/GR number in recovery of debt

You have a statutory right to claim interest and compensation on late commercial payments. But are you still not being served the payment that your invoice states very clearly?

How to file suit for recovery in India?

For companies, partnership firm, proprietorship firm and traders etc., can file a suit for recovery of their unpaid bills/ Business due amount or payment where there are any written contract/agreement between the parties.