Served from Bengaluru

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

India's densest auto ancillary belt, where the supplier is small, the buyer is large, and the MSMED route is usually stronger than the letter a lawyer would send.

Served from Bengaluru

Pimpri-Chinchwad matters, run from our head office

Practitioners and field collectors travel to Pimpri-Chinchwad 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 Pimpri-Chinchwad

The forum

Pimpri-Chinchwad is in Pune district and outside the Bombay High Court's original side. Commercial suits go to the commercial court for Pune 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's Pune regional council covers Pimpri-Chinchwad.

The debtors

The debtor base here is auto components and forgings, heavy engineering, sheet metal and fabrication, industrial electricals, toolrooms and precision machining, IT services at Talawade. The commercial belt runs through Bhosari MIDC, Pimpri, Chinchwad, Talawade MIDC and, just beyond the municipal limits in Khed taluka, the Chakan corridor.

What we see in Pimpri-Chinchwad

This is India's densest tier-two and tier-three auto ancillary belt, and its receivables problem is structural: the supplier is small, the buyer is large, and the payment terms were never negotiated so much as accepted. For an Udyam-registered unit here the 45-day MSMED route is usually stronger than the letter its lawyer would otherwise send.

We work with companies across Bhosari MIDC, Pimpri, Chinchwad, Talawade MIDC and the Chakan corridor in Khed taluka.

How we work a Pimpri-Chinchwad 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 Pimpri-Chinchwad 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 Pimpri-Chinchwad for on-the-ground work, including Bhosari MIDC, Pimpri and Chinchwad. 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 Pimpri-Chinchwad businesses

Do you have an office in Pimpri-Chinchwad?

No. Kenstone Capital is headquartered in Bengaluru and serves Pimpri-Chinchwad 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 Pimpri-Chinchwad company actually be heard?

Pimpri-Chinchwad is in Pune district and outside the Bombay High Court's original side. Commercial suits go to the commercial court for Pune district.

We are a registered MSME supplier in Pimpri-Chinchwad. 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's Pune regional council covers Pimpri-Chinchwad.

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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