A bad debt recovery is business debt accounts receivable that is recovered either in whole or in part after it has been written off or classified as a bad debt. Because it generally generates a loss when it is written off, a bad debt recovery usually produces income. This can be carried out through court by law under section 138, Civil recovery suit or NCLT.
Company / Trader /Manufacturer has the right to be paid dues of their supplies and services. We have anexpert team of Lawyers and Partners, to support your requirements.
Cases going into legal can be complicated,especiallyin case of disputes involving international trade, where it’s very important to comply with local legislation. We are here to make sure your company is compliant with local laws, while maximising the results and providing you with complete oversight of costs.
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