Procedure to recovery commercial debt/money from Indian debtor under Indian Laws.

 

There are four modes to recover the debt from the debtors in India:-

-Simple recovery suit before the Civil Judge, Additional District Judge, DRT, DART and Hon’ble High Court.

-Suit U/o XXXII of CPC based on dishonored of checks, written Contact, written Arguments, invoices, Bankers Transferred, etc.

-Debt recovery through the Arbitration or by the arbitrator, where there is a any contract or written agreement between the parties and where there is clear ion the agreement on the contract about the arbitration or arbitrator to solve the disputes between the parties, our attorneys are to file petition for appointment of arbitrator, for claim of dues /debt before the arbitrator etc.

-debt recovery by the company binding up petition, where there are debtors like private limited Companies, limited companies and multi national companies, our attorneys use to file company binding up petition to recover the debts on behalf of our clients.

 

—————————————————————————————————————————————————–