DRT, recovery agents or a B2B recovery agency?
| Route | Who can use it | Use it for an unpaid invoice? |
|---|---|---|
| Debt Recovery Tribunal (DRT) | Banks and financial institutions, for debts of ₹20 lakh and above | No: suppliers cannot file there |
| Bank recovery agents | Lenders, under RBI rules | No: they act only for lenders |
| MSME Samadhaan | Udyam-registered micro and small suppliers; heard by the Uttar Pradesh Micro and Small Enterprises Facilitation Council | Yes, if you are Udyam-registered |
| Section 138, NI Act | Anyone holding a bounced cheque | Yes, within the 30-day notice limit |
| Summary or civil suit, arbitration | Any supplier with a fixed sum due | Yes |
A business debt recovery agency should use the last three. FundRaksha’s advocates choose the route in the free consultation and often run two together.
Recovering B2B dues in Meerut: what is specific here
Meerut’s sports-goods and scissors makers and its printing and publishing houses supply wholesalers and institutions across India, often on open credit with cheques. Section 138 for bounced cheques and Samadhaan for Udyam units in Uttar Pradesh cover most defaults, and the NCR courts are reachable for buyers in Delhi.
Main industries: sports goods, scissors and cutlery, musical instruments, publishing and printing and sugar and agri-processing.
Courts: Judicial Magistrate courts, Meerut, for Section 138; District Court, Meerut, and its Commercial Court for recovery suits.
MSME claims: Udyam-registered micro and small suppliers in Meerut file on MSME Samadhaan, heard by the Uttar Pradesh Micro and Small Enterprises Facilitation Council (Directorate of Industries, Government of Uttar Pradesh, Kanpur). The Council sits where the supplier is, so a Meerut supplier can pursue a buyer in another state from home.
Recovery agent or advocate?
A recovery agent can only remind and persuade. An advocate can send a statutory notice, claim interest under the MSMED Act, file in the Meerut courts or before the Council, and enforce the result. That is why every FundRaksha case has a dedicated advocate from day one. Read more: recovery agent vs advocate.
How recovery works for a business in Meerut
- 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 Uttar Pradesh Micro and Small Enterprises Facilitation Council, a Section 138 complaint in the Meerut 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.