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Mode of Recovery under Indian Law
::MODE Of RECOVERY UNDER INDIAN LAW::
Recovery of money against supply of goods , commercial transactions and other related business matters by and against companies, partnership firms, sole proprietorship and other business enterprises have the following modes under:
Civil Proceedings
•
Recovery suits in Civil Courts leading to Execution Proceedings
•
Summary Suits where the recovery is based on cheques, promissory notes, contract and guarantee
•
Suits for Specific Performance of Contracts
•
Winding up petitions in case of companies
•
Arbitration Proceedings
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Appeals, Revision and Writ proceedings in High Courts and Supreme Court
Criminal Proceedings
•
Criminal Complaint under Section 138 of Negotiable Instrument Act in case of dishonor of cheques
•
Criminal case in case of cheating, fraud , forgery of documents
If you have any query then mail us:
info@indiadebtrecovery.com
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