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Business & Legal

Money Suit & Recovery

Debt recovery, legal notice drafting, cheque bounce cases, and civil money suit proceedings.

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OVERVIEW

Recover What's Owed to You

Outstanding debts, bounced cheques, and defaulting parties can cripple your business cash flow. Swift legal action is often the only way to recover dues and protect your financial interests.

TaxSure assists with the full spectrum of debt recovery — from issuing legal demand notices to filing money suits, cheque bounce cases under Section 138 of the Negotiable Instruments Act, and NCLT proceedings for corporate insolvency.

Legal Notice Drafting
Cheque Bounce (138 NI)
Civil Money Suit
NCLT Proceedings
Legal Recovery

What We Cover

Legal Demand Notice

Formal legal notice demanding payment within stipulated time. Often resolves disputes without court proceedings.

Cheque Bounce (Section 138)

Filing complaint under Section 138 NI Act within 30 days of cause of action. Statutory notice, complaint drafting, and court representation.

Civil Money Suit

Filing suit for recovery of money in civil court under Order 37 CPC (summary suit) for faster resolution of clear-cut debts.

NCLT/IBC Proceedings

Corporate insolvency applications against defaulting companies under the Insolvency & Bankruptcy Code, 2016 for debts above ₹1 crore.

Arbitration & Mediation

Alternative dispute resolution for contractual disputes. Faster and more cost-effective than traditional litigation.

Execution & Enforcement

Post-decree execution proceedings, attachment of property, and garnishee orders to enforce court judgments.

Our Process

1

Case Assessment

Review documents, agreements, and communication evidence.

2

Legal Notice

Issue formal demand notice giving the party time to settle.

3

Filing & Proceedings

If unresolved, file suit/complaint and represent in court.

4

Recovery & Execution

Enforce decree, recover dues, and close the matter.

Frequently Asked Questions

You must issue a demand notice within 30 days of receiving the bank's "Return Memo". If the drawer doesn't pay within 15 days of receiving the notice, you have 30 days to file the complaint in the Magistrate court.
Yes. Courts can award interest (typically 6-12% per annum) from the date the amount became due until the date of payment, in addition to litigation costs and compensation.
In our experience, about 60-70% of cases get resolved at the legal notice stage itself. The formal notice demonstrates serious intent and often motivates the other party to negotiate and settle without costly litigation.

Don't Let Bad Debts Drain Your Business

Take swift legal action to recover your money. The sooner you act, the better your chances.