Help in non payment issue

Dear Mr. Shah

You may choose to send the company a notice of recovery and if in any possible way, if the company has admitted the debt, you may file a winding up petition before concerned high court. The recovery of money will be speedy in second option.

For any further clarification, feel free to revert.

Arrange to send a legal notice through lawyer.After their reply, you can step further to recovery of money.

what you can do is try and negotiate the amount initially incase you want to settle amicable since thats what I understand as per your question. if not.

First send the legal notice for recocvery of your money (Demand).

1. you can ask for payment by cheque and deposit immediately. if it is dishonoured then you can go ahead with summary case for 138.

Register yourself (if you have not done ) as an Micro Small Enterprise , for Services, and approach the MSEF Council for recovery of dues with compound interest.

To me looking towards a winding up petition is not the solution, even if the Company admits to the debt since in addition you will have to prove the company is commercially insolvent , AFAIK.

if you have a written agreement and/ or the debt is acknowledged a Summary Suit under Order 37 CPC may be a faster recourse.

A petition via the MSEF Council could also be a solution as already suggested.

However, if it is a reputed company perhaps just an initial legal notice will suffice.

Sorry. I posted my case in wrong thread. I did'nt know how to delete.

you can send a notice under the Insolvency and Bankruptcy Code and later on can file petition in NCLT under the IBC code