Debt Recovery & Cheque Bounce

Aggressive, time-bound legal strategies to recover your blocked payments and hold defaulters accountable under civil and criminal law.

Our Expertise

Recovery Law Services

Section 138 Cheque Bounce

Strict adherence to statutory timelines for drafting demand notices and filing criminal complaints under the Negotiable Instruments Act.

Commercial Civil Suits

Filing summary suits under Order 37 of CPC for rapid recovery of debts based on written contracts, invoices, or promissory notes without long trials.

MSME Samadhaan

Leveraging the MSME Act to recover delayed payments for registered small businesses, ensuring recovery with compound interest.

Insolvency Proceedings (IBC)

Initiating Corporate Insolvency Resolution Process (CIRP) at the NCLT against defaulting corporate debtors to force debt settlements.

Demand Notices

Drafting potent legal notices that effectively communicate the consequences of default, often leading to immediate out-of-court settlements.

Criminal Breach of Trust

Filing FIRs for cheating (Section 420) and criminal breach of trust (Section 406) against intentional, fraudulent defaulters.

Key Benefits

Why Choose VISHARA IP

Flawless compliance with rigid statutory timelines (e.g., the 30-day notice rule for cheques)

Multi-pronged strategy using both civil and criminal pressure to ensure quick settlements

Deep expertise in navigating NCLT for large corporate defaults

High success rate in pretrial mediation and settlements

FAQ

Common Questions

Timelines are incredibly strict: You must send a legal notice within 30 days of the cheque bouncing. The debtor gets 15 days to pay. If they fail, you must file the court complaint within the next 30 days. Missing any of these voids the criminal case.
Yes. Under Section 143A of the NI Act, the court can order the drawer of the cheque to pay interim compensation up to 20% of the cheque amount during the pendency of the trial.
Recovery is still possible. We can use invoices, email correspondence, WhatsApp chats, ledger accounts, and bank statements as evidence of the debt to file an ordinary civil suit for recovery.

Recover Your Money Today

Don't let defaulters get away. Contact our recovery specialists to initiate immediate legal action and secure your finances.

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