B2B recovery is a legal process, not a phone campaign
Business dues come with paperwork (POs, GST invoices, delivery proof) and with laws written for exactly this problem: the MSMED Act’s 45-day limit and statutory interest, Section 138 for bounced cheques, summary suits for invoices. A B2B recovery company uses those; a consumer agency cannot. FundRaksha’s advocates do, for Chennai suppliers of every size.
Recovering B2B dues in Chennai: what is specific here
Chennai’s auto cluster in Oragadam, Sriperumbudur and Ambattur means thousands of tier-2 and tier-3 component suppliers waiting on large buyers, often beyond the MSME Act’s 45-day limit. Leather exporters in Pallavaram and engineering job-workers in Guindy face similar delays. MSME Samadhaan before the Tamil Nadu Facilitation Council is a strong route for Udyam-registered units here.
Main industries: automobile and auto components, IT and BPO services, leather and footwear, engineering and pharmaceuticals.
Courts: Metropolitan Magistrate courts at Egmore, George Town, Saidapet and Alandur for Section 138; City Civil Court and the Madras High Court Commercial Division for recovery suits.
MSME claims: Udyam-registered micro and small suppliers in Chennai file on MSME Samadhaan, heard by the Tamil Nadu Micro and Small Enterprises Facilitation Council (Commissionerate of Industries and Commerce (MSME Department), Government of Tamil Nadu, Chennai). The Council sits where the supplier is, so a Chennai supplier can pursue a buyer in another state from home.
Common B2B defaults in Chennai
- Auto components and ancillaries: Scheduled deliveries against open POs, vendor portals, 60 to 120 day terms, bill discounting and frequent debit notes for PPM rejections.
- IT services, software and agencies: Milestone or monthly billing against SOWs and contracts, 30 to 60 day terms on paper, often 90 to 180 days in practice, with “scope” disputes used to delay.
- Engineering, fabrication and machine tools: Purchase orders with 45 to 90 day terms, frequent “hold” on payments pending inspection, and debit notes for rejections.
- Logistics, transport and warehousing: Monthly freight bills against lorry receipts and PODs, 30 to 60 day terms that stretch to 120, deductions for damage and detention disputes.
How recovery works for a business in Chennai
- Free consultation and case assessment. Send us the invoice, purchase order or delivery proof and the buyer’s messages. We tell you what is recoverable and how.
- Dedicated advocate within 24 hours. Your advocate sends a legal notice as an e-notice the same day and by registered post, with proof of delivery saved.
- Negotiation and settlement. The advocate calls the buyer, explains the consequences and agrees a payment plan. About 60% of our cases close here.
- Filing if needed. MSME Samadhaan before the Tamil Nadu Micro and Small Enterprises Facilitation Council, a Section 138 complaint in the Chennai magistrate courts, a summary suit or arbitration, handled by the same advocate.
You pay nothing upfront. Our fee is 30% of the amount actually recovered; if nothing is recovered there is no fee. Court fees, where a matter is filed, are borne by you and told to you in advance.