Banking Litigation
There are several methods available for individuals and companies to recover money from their debtors. Creditors have access to both civil and criminal remedies to reclaim outstanding amounts.
Our Firm's Money Recovery Services
Our firm offers a comprehensive suite of services aimed at facilitating the recovery of owed funds, including:
Summary Suits under Order 37 of the Civil Procedure Code (CPC):
Summary suits provide a swift legal process for recovering money without the need for a protracted trial. This procedure is particularly useful when the debt is undisputed and there is clear evidence of the obligation to pay. Our firm specializes in filing and contesting these suits, ensuring that creditors can efficiently reclaim their dues.
Money Recovery Suits before Civil Courts:
When debts are contested or involve larger, more complex claims, filing a regular money recovery suit in civil court is necessary. We manage the entire litigation process, from drafting and filing the suit to representing clients in court, ensuring that the creditor’s interests are vigorously defended.
Criminal Cases for Cheating and Criminal Breach of Trust:
In cases where the debtor’s actions constitute fraud or intentional deceit, creditors have the option to file criminal charges. We handle cases of cheating (Section 420 of the Indian Penal Code) and criminal breach of trust (Section 406 of the Indian Penal Code), working to hold the debtor accountable and secure the recovery of funds through the criminal justice system.
Cheque Bounce Cases under Section 138 of the Negotiable Instruments Act:
When a cheque issued by the debtor is dishonored, it constitutes a criminal offense under Section 138 of the Negotiable Instruments Act. Our firm provides expertise in filing and contesting cheque bounce cases, pursuing the necessary legal action to ensure creditors receive their due payments.
Arbitration and Conciliation Services:
For parties seeking a less adversarial and potentially quicker resolution, we offer arbitration and conciliation services. These methods provide an alternative dispute resolution mechanism, helping parties reach a mutually agreeable settlement without resorting to traditional litigation. Our firm facilitates these processes, ensuring they are conducted effectively and fairly.