The levers that move large buyers
- MSMED Act interest. Three times the RBI bank rate, compounded, on every day beyond 45 days. Corporate finance teams know this number.
- Section 43B(h). Since FY 2023-24, a buyer cannot deduct an expense owed to a micro or small supplier unless it is paid within the MSMED time limit. Their auditors ask about it.
- MSME-1 disclosure. Companies must report outstanding MSME dues to the Registrar of Companies every half-year; unpaid dues are a compliance problem for them.
- A notice to the right people. Addressed to the company secretary, CFO and the registered office, not just the purchase manager.
- Facilitation Council and courts. PSUs and listed companies appear before Councils like anyone else.
Recovering B2B dues in Surat: what is specific here
Surat’s textile market runs on credit: weavers, processors and traders in Ring Road, Sahara Darwaja and Pandesara routinely wait 60 to 120 days, and parties in other states sometimes simply stop answering. Because many transactions are between traders, the right route depends on the paperwork: bounced cheques go under Section 138, manufacturers with Udyam registration can use MSME Samadhaan, and trading dues go by notice, settlement and a recovery suit.
Main industries: synthetic textiles and sarees, diamond cutting and polishing, embroidery and jari, chemicals and dyes and packaging.
Courts: Judicial Magistrate First Class courts at the Athwalines court complex for Section 138; District Court, Surat, and its Commercial Court for recovery suits.
MSME claims: Udyam-registered micro and small suppliers in Surat file on MSME Samadhaan, heard by the Gujarat Micro and Small Enterprises Facilitation Council (Industries Commissionerate, Government of Gujarat, Gandhinagar). The Council sits where the supplier is, so a Surat supplier can pursue a buyer in another state from home.
Corporate buyers Surat suppliers typically deal with
Suppliers in Surat commonly bill synthetic textiles and sarees, diamond cutting and polishing, embroidery and jari, chemicals and dyes and packaging companies, including OEMs, EPC contractors, PSUs and government departments. Our notices quote the exact purchase order, GRN and portal acknowledgement so the buyer’s own records confirm the claim.
How recovery works for a business in Surat
- 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 Gujarat Micro and Small Enterprises Facilitation Council, a Section 138 complaint in the Surat 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.