Outsourcing of debt recovery is an under- utilized alternative method, despite being more beneficial its potential has not been fully exploited.
Category: Legal Advisory
Tax benefit on Home Loan and HRA both
In this Article we are going to discuss the tax benefits provided in the Income Tax Act to the home loan buyer.
RERA-Registration of Ongoing projects in rural areas
In the rural area of Rajasthan (Jaipur), more than 50 projects are going on, out of which only 5 projects have registered themselves under RERA and rest are unregistered projects which are going on.
Legal Remedies for Recovery of Loan
In this article we will briefly cover the legal remedies one can resort to against their debtors in case there is default in paying the loan amount.
Recovery of debt in case Agreement is missing or Verbal in nature
An article about the scope of debt recovery and how money can be recovered from debtors even if there was some folly while executing the contract, or the required agreement went missing.
Is it legal to transfer debt recovery rights?
The company which is undergoing loss because of bad debts can sell its debts to a third party buys back its debts on an agreed amount.
Role of arbitration in Debt Recovery
Most of you must have seen an arbitration clause in the terms & conditions of any contract that you sign. A detailed article on this subject and how it impacts debt recovery.
Revised RERA Regulation by Gurugram RERA for project Registration
The Gurugram RERA has prescribed the revised RERA regulations for RERA project RERA registration in Gurugram, We have briefed the revised the requirement.
Importance of debt recovery for Corporates
The secret to any successful business is good customer relations. Don’t allow too much time to pass without notifying your client that credit terms have been broken.
Importance of Invoice/GR number in recovery of debt
You have a statutory right to claim interest and compensation on late commercial payments. But are you still not being served the payment that your invoice states very clearly?
How to file suit for recovery in India?
For companies, partnership firm, proprietorship firm and traders etc., can file a suit for recovery of their unpaid bills/ Business due amount or payment where there are any written contract/agreement between the parties.
Major Changes in Haryana RERA till Feb, 2018- A Brief
We are sharing some of the important change in the RERA in Haryana, which may have a direct bearing on your project or property in Haryana.
Debt Recovery Procedures in India
The fact is that all those who default don’t do it intentionally but your money is important so is recovery of bad debt, which is owed to your company by your debtor.
Legal Remedies: Debt Recovery in India
Outsource your work to debt recovery management organizations who while maintaining the harmony of your business relations will realize your debts with their expertise.