Served from Bengaluru

Debt collection agency in Aurangabad — B2B receivables, recovery and enforcement for businesses owed by Aurangabad companies.

Aurangabad — now Chhatrapati Sambhajinagar — has industrial estates that supply tier-one OEMs on long credit; Section 9 petitions against Maharashtra companies go to the NCLT Mumbai bench.

Served from Bengaluru

Aurangabad matters, run from our head office

Practitioners and field collectors travel to Aurangabad for on-the-ground work. Legal matters run through advocates at the NCLT Mumbai bench and the local commercial courts.

+91 80 6824 8827 · info@kenstonecapital.in

Every debtor validated before anyone spends a day on it

Every action on record on our collection platform

Nothing filed without your written approval

What is different about Aurangabad

The forum

The Bombay High Court sits at Aurangabad for Marathwada. Commercial suits are filed at the commercial court for the district.

If you are a registered MSME

A supplier registered on Udyam as a micro or small enterprise has a route the rest of the market does not: section 15 of the MSMED Act makes payment due in 45 days, and sections 16 to 18 let the supplier refer the unpaid invoice to a Micro and Small Enterprises Facilitation Council instead of filing suit. Interest runs at three times the RBI bank rate, compounded monthly, and a buyer who wants to challenge the award must first deposit 75 per cent of it. Traders are excluded; the registration must pre-date the supply. Maharashtra runs a regional council at Chhatrapati Sambhajinagar covering Marathwada.

The debtors

The debtor base here is automotive and two-wheeler components, pharmaceuticals, brewing and beverages, seeds and agri inputs, plastics and packaging, engineering job work. The commercial belt runs through Waluj MIDC, Chikalthana and the Shendra and Bidkin nodes of AURIC, the Aurangabad Industrial City.

What we see in Aurangabad

Marathwada's engineering units sit one tier below Pune's, and the delay compounds down the chain: what reaches Pune as thirty days late arrives here as ninety. The city is also administratively renamed Chhatrapati Sambhajinagar, and contracts and invoices drawn under either name still bind — a point worth settling in writing before a notice goes out.

We work with companies across Waluj MIDC, Chikalthana and the Shendra and Bidkin nodes of AURIC.

How we work an Aurangabad file

The same six steps on every account, whether it is one invoice or a book. What changes by city is the forum and the ground work, not the method.

  1. 1

    Intake and validation

    Before anyone spends a day on your file, every debtor entity is checked: is it still trading, is it the entity that actually contracted with you, and is there anything to recover from. Where a Aurangabad debtor has ceased operating we say so and recommend a write-off — which earns us nothing. That is the point.

  2. 2

    A named practitioner, not a queue

    The file is allocated to one practitioner who owns it end to end. You deal with the person working your accounts, not with whoever answers the phone.

  3. 3

    Contact, on record

    Every call, every promise to pay and every reminder is recorded on our collection management platform. When a promise breaks, the next step follows from the record rather than from someone's memory — which is what makes escalation a step rather than a fresh start.

  4. 4

    Field work where it is warranted

    Practitioners and field collectors travel to Aurangabad for on-the-ground work, including Waluj MIDC, Chikalthana and the Shendra. A field visit is a decision we justify to you, not a line item we add by default.

  5. 5

    The escalation decision, stated honestly

    We tell you when a claim is not worth enforcing, and why. Where it is worth enforcing, we tell you which route the facts support — a demand notice, section 138 where a cheque has bounced, a summary suit, or a section 9 petition at the NCLT Mumbai bench — and what each would cost and take.

  6. 6

    Nothing filed without your written approval

    No notice goes out and no matter is filed in your name until you have approved it in writing. The advocate's fee and the court fees are stated separately, before you decide.

What it costs. Recovery is charged as a success fee — a percentage of what is actually recovered, and nothing if nothing is recovered. The DSO Reduction Programme is priced separately, as a seat-based monthly fee. Enforcement is priced case by case, with the advocate's fee and the court or tribunal fees stated as separate lines before you approve anything.

A success fee on its own rewards an agency for working your easy accounts and letting the hard ones go quiet. How recovery is priced, and the three things we do that earn us nothing →

Questions from Aurangabad businesses

Do you have an office in Aurangabad?

No. Kenstone Capital is headquartered in Bengaluru and serves Aurangabad from there. Practitioners and field collectors travel for on-the-ground work, and legal matters are run by advocates from our screened network at the NCLT Mumbai bench and the local commercial courts. We say this plainly because a debtor will ask, and the answer does not change what we can do.

Where would a Section 9 petition against a Aurangabad company actually be heard?

The Bombay High Court sits at Aurangabad for Marathwada. Commercial suits are filed at the commercial court for the district.

We are a registered MSME supplier in Aurangabad. Is there a faster route than a suit?

A supplier registered on Udyam as a micro or small enterprise has a route the rest of the market does not: section 15 of the MSMED Act makes payment due in 45 days, and sections 16 to 18 let the supplier refer the unpaid invoice to a Micro and Small Enterprises Facilitation Council instead of filing suit. Interest runs at three times the RBI bank rate, compounded monthly, and a buyer who wants to challenge the award must first deposit 75 per cent of it. Traders are excluded; the registration must pre-date the supply. Maharashtra runs a regional council at Chhatrapati Sambhajinagar covering Marathwada.

Discuss your receivables

Tell us where you are on the curve. A practitioner — not a sales desk — reads every enquiry and replies within one working day.

+91 80 6824 8827
info@kenstonecapital.in

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