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 Erode suppliers of every size.
Recovering B2B dues in Erode: what is specific here
Erode’s power-loom and handloom cloth, turmeric and agri-commodity trade runs on long credit and trust, with buyers across Tamil Nadu and Kerala. Written proof of delivery and acceptance is what makes these dues recoverable; a notice and a summary suit on the invoices is the usual path for traders.
Main industries: textiles and handlooms, turmeric and agri-trading, power looms, leather and food processing.
Courts: Judicial Magistrate courts, Erode, for Section 138; District Court, Erode, and its Commercial Court for recovery suits.
MSME claims: Udyam-registered micro and small suppliers in Erode 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 Erode supplier can pursue a buyer in another state from home.
Common B2B defaults in Erode
- Textiles and garments: 60 to 120 day credit is normal; post-dated cheques and running accounts (khata) are common, and buyers raise quality or shortage disputes when they want to delay.
- Food processing and agri-trading: Mandi and trade credit on trust, high-value lots paid by cheque or RTGS weeks later, and seasonal cash-flow excuses for delay.
- Leather and footwear: 90 to 120 day credit to brands and wholesalers, seasonal orders, and returns or markdown claims used to cut payments.
- Exporters and export houses: Domestic suppliers to export houses wait on the exporter’s own realisation; exporters themselves face overseas buyers paying late or disputing quality.
How recovery works for a business in Erode
- 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 Erode 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.