The route that works
High-value and relationship-driven, these dues usually settle on a formal notice with a clear metal and cash statement. Section 138 covers bounced cheques, and a summary suit the rest; arbitration through trade associations is sometimes quicker.
How dues arise in gold jewellery and bullion trade
Credit against the day’s gold rate or on metal account, settled in gold or cash weeks or months later; cheques are common.
Proof that wins
The claim is built from invoices and delivery notes with weight and purity, metal account statements, rate confirmations and cheques. The buyer’s own replies (“will pay next week”) are admissions; part-payments and signed ledger confirmations restart the three-year limitation period.
Mistakes that weaken a claim
- Metal account with no periodic confirmation
- Rate disputes with nothing in writing
- Goods released against promises before cheque clearance
Where gold jewellery and bullion trade dues concentrate
What FundRaksha does
- Free assessment of your invoices and documents.
- Legal notice by a dedicated advocate within 24 hours, built around your trade’s paperwork.
- Negotiation, with disputed items separated from undisputed dues.
- MSME Samadhaan, Section 138, summary suit or arbitration if needed.
30% of the amount recovered; nothing upfront.