FundRakshaLegalTech Pvt Ltd
Punjab

Payment recovery in Punjab

India's No.1 B2B payment recovery company, trusted by 1,000+ businesses. For suppliers, manufacturers and service businesses across Punjab: a dedicated advocate, a legal notice within 24 hours and the state’s own Facilitation Council and courts, with no upfront fee.

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1,000+
businesses onboarded
₹50 Cr+
invoice value handled
700+
businesses got their money back
60%
of cases settled before court
Recovering dues in Punjab

Punjab’s Ludhiana, Jalandhar and Amritsar clusters sell hosiery, bicycles, tools and sports goods to dealers nationwide on 60 to 120 day credit with post-dated cheques. Section 138 and the state Council in Chandigarh cover most defaults; export dues need separate handling.

Forums for a Punjab supplier

ForumHearsDetail
MSE Facilitation CouncilMSME Samadhaan delayed-payment referencesPunjab Micro and Small Enterprises Facilitation Council (detail)
Magistrate courtsSection 138 cheque bounce complaintsWhere the payee’s bank branch is located
Commercial / civil courtsSummary suits, recovery suits, enforcement of awardsDistrict commercial courts; see city pages
High CourtAppeals and Section 34 challengesPunjab and Haryana High Court, Chandigarh

Industries and typical dues in Punjab

hosiery and textiles, bicycles and auto components, hand tools and sports goods, rice and agri-processing, machine tools. Most suppliers in these trades are Udyam-registered micro and small enterprises, which makes the MSMED Act’s 45-day rule and statutory interest at three times the bank rate the first lever in any notice.

Cities in Punjab

How FundRaksha works in Punjab

  1. Free consultation by phone, WhatsApp or video.
  2. Legal notice by a dedicated advocate within 24 hours.
  3. Negotiation and a documented settlement.
  4. If needed: MSME Samadhaan before the Punjab Micro and Small Enterprises Facilitation Council, Section 138, summary suit or arbitration.

30% of the amount recovered, nothing upfront; court fees at actuals.

Free, no obligation

Free consultation and case assessment

मुफ़्त सलाह, कोई शुल्क नहीं

Talk to a FundRaksha recovery expert for free. In one call we assess your unpaid invoices and tell you honestly what can be recovered, how, and in roughly how long. No fee for the call, no obligation, and no upfront cost if you go ahead: our fee is a percentage of what we actually recover.

  • A review of your invoices, purchase orders, delivery proof and the buyer’s replies
  • An honest assessment of recovery chances and the right route: reminders, legal notice, MSME Samadhaan, Section 138 or a civil suit
  • A realistic timeline and the exact cost: nothing upfront, a success fee only on recovery
  • A dedicated advocate assigned within 24 hours if you decide to proceed
Book a free consultation WhatsApp +91 89777 89200
Keep these ready
  • The unpaid invoice(s) and payment terms
  • Purchase order, delivery challan, e-way bill or proof of service
  • Messages, emails or letters about the payment
  • For a bounced cheque: the cheque and the bank return memo

No recovery, no fee. Court fees, if any, are borne by the client and told upfront.

FAQ

Questions, answered

Punjab Micro and Small Enterprises Facilitation Council, run from the Directorate of Industries and Commerce, Government of Punjab, Chandigarh. Jurisdiction follows the supplier’s location, so a Punjab supplier can pursue a buyer anywhere in India.

Cities in Punjab

Other states

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This page is general information for Indian businesses, not legal advice for your specific case. Laws, rates and procedures change; speak to an advocate before acting. FundRaksha LegalTech Pvt Ltd is a technology company; legal work is carried out by enrolled advocates.