Served from Bengaluru
Debt collection agency in Noida — B2B receivables, recovery and enforcement for businesses owed by Noida companies.
Noida sits in Gautam Buddha Nagar, so its companies are Uttar Pradesh companies: Section 9 petitions go to the NCLT Allahabad bench, a long way from the Delhi forum most creditors assume.
Served from Bengaluru
Noida matters, run from our head office
Practitioners and field collectors travel to Noida for on-the-ground work. Legal matters run through advocates at the NCLT Allahabad 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 Noida
What is different about Noida
The forum
Noida is in Gautam Buddha Nagar district in Uttar Pradesh, so a company registered here goes to the NCLT Allahabad bench and the Allahabad High Court — a long way from the Delhi forum most creditors assume. Commercial suits are filed at the commercial court for the district. Uttar Pradesh notified the specified value at the statutory Rs 3 lakh by government orders of 31 October and 2 November 2017.
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. Uttar Pradesh organises its councils by administrative division, so the reference follows the division in which the supplier is registered.
The debtors
The debtor base here is electronics and mobile handset assembly, IT and software services, media, broadcast and post-production, garments and apparel exports, auto components, printing and packaging, data centres. The commercial belt runs through Noida sectors 58 to 65 and 80 to 90 and the NSEZ in Phase II, with the separately administered Greater Noida and Yamuna Expressway belts adjoining.
What we see in Noida
Noida's media and IT services firms bill on milestones, and milestone disputes are where receivables die — the work is delivered, the sign-off never comes, and eighteen months later there is no contemporaneous record of acceptance. The electronics assembly cluster has the opposite profile: high volume, thin margin, and a payment delay that is fatal rather than annoying.
How we work a Noida 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 Noida 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 Noida for on-the-ground work, including Noida sectors 58 to 65, 80 to 90 and the NSEZ in Phase II. 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 Allahabad 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 Delhi NCR
Questions from Noida businesses
Do you have an office in Noida?
No. Kenstone Capital is headquartered in Bengaluru and serves Noida 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 Allahabad 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 Noida company actually be heard?
Noida is in Gautam Buddha Nagar district in Uttar Pradesh, so a company registered here goes to the NCLT Allahabad bench and the Allahabad High Court — a long way from the Delhi forum most creditors assume. Commercial suits are filed at the commercial court for the district. Uttar Pradesh notified the specified value at the statutory Rs 3 lakh by government orders of 31 October and 2 November 2017.
We are a registered MSME supplier in Noida. 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. Uttar Pradesh organises its councils by administrative division, so the reference follows the division in which the supplier is registered.
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.