What a payment recovery company does for a Jamshedpur business
- Assesses your unpaid invoices and tells you what is recoverable, for free.
- Sends an advocate-signed legal notice within 24 hours, with the full statement of account and interest.
- Calls and negotiates with the buyer’s decision-makers, and documents the settlement.
- Files and appears: MSME Samadhaan before the Jharkhand Micro and Small Enterprises Facilitation Council, Section 138 complaints, summary suits, arbitration.
- Prevents the next default with buyer checks and automated reminders.
Recovering B2B dues in Jamshedpur: what is specific here
Jamshedpur’s suppliers serve the steel and automobile majors and their tier-1 vendors in Adityapur, usually small engineering units with purchase orders and GRNs. Large-buyer delays beyond 45 days attract MSME Act interest, and Jharkhand’s Facilitation Council in Ranchi handles Samadhaan claims.
Main industries: steel and auto ancillaries, engineering and fabrication, logistics, construction and FMCG distribution.
Courts: Judicial Magistrate courts, Jamshedpur (East Singhbhum), for Section 138; District Court, East Singhbhum, and its Commercial Court for recovery suits.
MSME claims: Udyam-registered micro and small suppliers in Jamshedpur file on MSME Samadhaan, heard by the Jharkhand Micro and Small Enterprises Facilitation Council (Directorate of Industries, Government of Jharkhand, Ranchi). The Council sits where the supplier is, so a Jamshedpur supplier can pursue a buyer in another state from home.
Our numbers
| Measure | FundRaksha |
|---|---|
| Businesses onboarded | 1,000+ |
| Invoice value handled | ₹50 Cr+ |
| Businesses that got their money back | 700+ |
| Cases settled before court | 60% |
| Time to legal notice | 24 hours |
| Fee | 30% of the amount recovered; nothing upfront |
How recovery works for a business in Jamshedpur
- 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 Jharkhand Micro and Small Enterprises Facilitation Council, a Section 138 complaint in the Jamshedpur 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.