How We Handle Recovery of Money Cases?
At SNS Legal Aid, we specialize in recovering dues, unpaid invoices, and financial debts through both legal and ADR mechanisms. We assist businesses and individuals in retrieving their rightful money using legal channels, including negotiation, arbitration, and litigation. Our approach includes:
- Legal Notices for Recovery – Sending formal demand notices to debtors.
- Negotiation & Mediation – Attempting out-of-court settlements to expedite recovery.
- Summary Suits under Order 37 CPC – Filing expedited court proceedings for clear-cut monetary claims.
- Cheque Bounce Cases (Section 138 NI Act) – Legal action against dishonored cheques.
- Execution of Decrees & Recovery Orders – Enforcing court-ordered recoveries.
- Debt Recovery Tribunal (DRT) Cases – Representing financial institutions in high-value recoveries.
- Criminal Complaints for Fraud & Cheating – Initiating proceedings under IPC for willful default and fraud.
- Corporate & Commercial Debt Recovery – Assisting businesses with unpaid invoices and financial claims.
Basic Laws & Acts Involved in Recovery of Money Cases
- Code of Civil Procedure, 1908 – Order 37 – Summary suits for undisputed financial claims.
- Negotiable Instruments Act, 1881 – Section 138 – Legal action against bounced cheques.
- Indian Contract Act, 1872 – Governs contractual obligations and breaches.
- Insolvency and Bankruptcy Code, 2016 (IBC) – Legal recourse for recovering dues from insolvent businesses.
- Debt Recovery Tribunal (DRT) Act, 1993 – Applicable for financial institutions and banks recovering debts.
- Indian Penal Code (IPC) – Sections 415, 420 – Fraudulent transactions and cheating cases.
Our Legal Services for Recovery of Money
Drafting & issuing legal demand notices
Filing & defending cheque bounce cases under NI Act
Summary suit filing for undisputed monetary claims
Corporate & business debt recovery services
Mediation & negotiation for faster settlements
Criminal complaints against fraudulent debtors
Execution of recovery decrees & orders
Frequently Asked Questions (FAQs)
You can send a legal notice demanding payment. If the debtor does not comply, you can file a summary suit (Order 37 CPC), a complaint under NI Act (for cheque bounces), or a criminal case for fraud under IPC.
A summary suit under Order 37 CPC is a fast-track court procedure for recovering money based on written agreements, bills, or promissory notes.
Under Section 138 of the NI Act, you can file a criminal complaint, which may lead to imprisonment of the drawer, a fine, or both.
You must file the case within 30 days from the date of dishonor after serving a legal notice demanding payment.
Yes, you can claim interest along with the principal amount, especially if mentioned in the contract or invoice.
You can initiate execution proceedings to attach and sell the debtor’s assets or bank accounts.
Yes, under the Insolvency and Bankruptcy Code (IBC), 2016, creditors can file insolvency proceedings against defaulting companies.
- Sending a legal notice for payment.
- Filing a commercial suit for breach of contract.
- Approaching the MSME Samadhan portal (for small businesses) for dispute resolution.
Yes, mediation is an effective and cost-saving method. Courts often encourage parties to settle disputes outside of litigation.
We provide:
- Legal consultation & demand notice drafting.
- Representation in cheque bounce, summary suits & DRT cases.
- Debt recovery through corporate & commercial litigation.
- Execution of decrees & attachment of debtor’s assets.
