Served from Bengaluru
Debt collection agency in Kerala — B2B receivables, recovery and enforcement for businesses owed by Kerala companies.
Kerala-registered companies fall under the NCLT Kochi bench; its exporters carry foreign receivables that Kenstone Capital works alongside domestic ones.
Served from Bengaluru
Kerala matters, run from our head office
Practitioners and field collectors travel to Kerala for on-the-ground work. Legal matters run through advocates at the NCLT Kochi 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 Kerala
What is different about Kerala
The forum
Kerala was moved off the Chennai bench and now has its own: companies registered in the state, and in Lakshadweep, are heard on insolvency at the NCLT Kochi bench. The Kerala High Court sits at Ernakulam, and 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. Kerala runs a state council at Thiruvananthapuram and three regional councils, at Thiruvananthapuram, Ernakulam and Kozhikode, with a conciliation step before arbitration.
The debtors
The debtor base here is spices and plantation commodities, rubber and rubber products, seafood processing and exports, coir and cashew, IT services at Technopark and Infopark, ayurvedic and pharmaceutical manufacturing, construction materials, tourism supply. The commercial belt runs through the Kinfra and KSIDC parks at Kalamassery, Kakkanad, Kanjikode in Palakkad, Kannur and the Kochi port and SEZ belt.
What we see in Kerala
Kerala's export trades — spices, seafood, cashew — carry receivables that depend on overseas buyers and on commodity prices that move faster than the credit period. Domestically, the state's construction and tourism supply chains are highly seasonal and heavily distributor-led. In both, the useful question early is not how to chase but whether the counterparty is still trading, because in these sectors a quiet debtor has often already stopped.
How we work a Kerala 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 Kerala 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 Kerala for on-the-ground work, including Kinfra, KSIDC parks at Kalamassery and Kakkanad. 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 Kochi 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 South India
Questions from Kerala businesses
Do you have an office in Kerala?
No. Kenstone Capital is headquartered in Bengaluru and serves Kerala 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 Kochi 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 Kerala company actually be heard?
Kerala was moved off the Chennai bench and now has its own: companies registered in the state, and in Lakshadweep, are heard on insolvency at the NCLT Kochi bench. The Kerala High Court sits at Ernakulam, and commercial suits are filed at the commercial court for the district.
We are a registered MSME supplier in Kerala. 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. Kerala runs a state council at Thiruvananthapuram and three regional councils, at Thiruvananthapuram, Ernakulam and Kozhikode, with a conciliation step before arbitration.
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.