Served from Bengaluru
Debt collection agency in Chandigarh — B2B receivables, recovery and enforcement for businesses owed by Chandigarh companies.
Chandigarh hosts the NCLT bench for Punjab, Haryana, Himachal Pradesh and Jammu and Kashmir, so a Chandigarh practice reaches debtors across the north.
Served from Bengaluru
Chandigarh matters, run from our head office
Practitioners and field collectors travel to Chandigarh for on-the-ground work. Legal matters run through advocates at the NCLT Chandigarh bench and the local commercial courts.
+91 80 6824 8827 · info@kenstonecapital.inEvery debtor validated before anyone spends a day on it
Every action on record on our collection platform
Nothing filed without your written approval
Three stages, in Chandigarh
What is different about Chandigarh
The forum
Chandigarh is the seat of both the NCLT Chandigarh bench — which covers Punjab, Haryana, Himachal Pradesh, Jammu and Kashmir and the Union Territory itself — and the Punjab and Haryana High Court. For a creditor anywhere in the region, this is where insolvency and appellate work is actually heard.
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. Chandigarh is a Union Territory with its own council administered by the UT industries department.
The debtors
The debtor base here is IT and software services, pharmaceuticals and medical devices, electrical and electronic goods, paper and printing, hospitality and education supply, professional and consulting services. The commercial belt runs through the Chandigarh Industrial Area phases I and II, the Rajiv Gandhi Chandigarh Technology Park at Kishangarh, and the adjoining Mohali (Punjab) and Panchkula (Haryana) belts.
What we see in Chandigarh
Chandigarh's commercial life spills across three jurisdictions — the UT, Mohali in Punjab and Panchkula in Haryana — often within the same group. Which entity signed, and where it is registered, decides the forum. It is the one thing creditors here most often get wrong, and the one thing we settle first.
How we work a Chandigarh 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
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 Chandigarh debtor has ceased operating we say so and recommend a write-off — which earns us nothing. That is the point.
- 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
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
Field work where it is warranted
Practitioners and field collectors travel to Chandigarh for on-the-ground work, including Chandigarh Industrial Area phases I, the Rajiv Gandhi Chandigarh Technology Park at Kishangarh and the adjoining Mohali (Punjab). A field visit is a decision we justify to you, not a line item we add by default.
- 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 Chandigarh bench — and what each would cost and take.
- 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 →
Also in North India
Questions from Chandigarh businesses
Do you have an office in Chandigarh?
No. Kenstone Capital is headquartered in Bengaluru and serves Chandigarh 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 Chandigarh 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 Chandigarh company actually be heard?
Chandigarh is the seat of both the NCLT Chandigarh bench — which covers Punjab, Haryana, Himachal Pradesh, Jammu and Kashmir and the Union Territory itself — and the Punjab and Haryana High Court. For a creditor anywhere in the region, this is where insolvency and appellate work is actually heard.
We are a registered MSME supplier in Chandigarh. 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. Chandigarh is a Union Territory with its own council administered by the UT industries department.
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.