Indian Contract Act, 1872
Governs the obligation to pay debts arising from contracts — breach and remedies.
Money owed to you has a legal remedy.Use it.
A formal debt recovery notice precisely quantifying the outstanding amount, citing the legal basis, and demanding payment within a specified period — before civil suit or arbitration.
Contract DebtInvoice RecoveryMSME SamadhaanDebt Recovery Tribunal
Rs 999
All-Inclusive
Any Amount
Rs 10,000 to Crores
DRT Ready
Above Rs 20 Lakhs
What we handle for you
A recovery notice that formally establishes the debt, quantifies the claim, and demands payment — the essential first step in any debt recovery.
Debt Precisely Quantified
Precisely quantify the outstanding principal, interest, and any penalties — creating a legally precise claim for the full amount owed.
Legal Basis Cited
Cite the contract, invoice, or agreement creating the debt obligation — establishing clear legal liability for non-payment.
Payment Demanded
Draft the demand for payment within a defined period with consequences for non-payment — including interest accrual and legal proceedings.
Recovery Mechanism Advice
Advise on recovery mechanisms — civil suit, summary suit, MSME Samadhaan, or DRT — based on the amount and nature of the debt.
The 4-Step Process
From debt details to dispatched notice — formally establishing the outstanding amount on legal record.
01
Share Debt Details
Provide the basis of the debt — contract, invoice, purchase order — the amount outstanding, and any prior attempts at recovery.
02
Lawyer Drafts the Notice
Our lawyer prepares a formal demand notice specifying the exact amount due, the legal basis for the claim, and a payment deadline.
03
Review & Dispatch
You approve and the notice is sent by registered post.
04
Recovery or Suit
If payment is not received within the deadline, we advise on filing a recovery suit, summary suit, or approaching the DRT (for larger amounts).
Legal Framework
Debt recovery in India is supported by contract law, MSME law, and specialised recovery tribunals — providing multiple pathways for creditors.
MSMED Act, 2006
For MSME creditors: allows fast-track recovery with interest through the MSME Samadhaan portal.
Code of Civil Procedure — Order XXXVII
Summary suits for recovery of debts based on written contracts or promissory notes — faster than regular civil suits.
Recovery of Debts and Bankruptcy Act, 1993
Governs recovery of debts above Rs. 20 lakhs through the Debt Recovery Tribunal (DRT) — faster than civil courts.
Client Success Stories
“A client owed us Rs 8 lakhs under a project contract and was avoiding calls for months. LegalKonnect's notice arrived at their registered office. Full payment received in 12 days.”
RG
Ramesh Gupta
Jaipur“As an MSME, our buyers were routinely paying 90+ days late. LegalKonnect sent notices citing the MSMED Act interest provisions. Average payment time dropped to 40 days within a quarter.”
KI
Kavya Iyer
BengaluruFrequently Asked Questions
Stamp Duty Not Included
Government stamp duty charges apply to registered documents and vary by state. These are paid directly to the government and are not part of our service fee. Your advocate will confirm the applicable amount for your state before any document is executed.
A legal notice is the fastest first step — many debtors pay immediately to avoid escalation. For contractual debts with written instruments, a Summary Suit under Order XXXVII CPC is significantly faster than a regular civil suit. For MSME businesses, the MSME Samadhaan portal offers a cost-effective tribunal process.
Yes, if the contract includes an interest clause. If not, you can claim interest at the court rate from the date of demand. For MSME creditors, the MSMED Act provides for compound interest at three times the RBI rate on delayed payments.
If the debtor company is insolvent or facing IBC proceedings, you should file a claim with the Resolution Professional appointed by the NCLT as an operational or financial creditor. Time limits for filing claims are strict — act immediately.
No. A legal notice alone does not extend the 3-year limitation period for a recovery suit. However, any written acknowledgement of the debt by the debtor — in response to the notice — restarts the limitation period.