Served from Bengaluru
Debt collection agency in Raipur — B2B receivables, recovery and enforcement for businesses owed by Raipur companies.
Raipur's steel and mining suppliers deal with large industrial debtors; Chhattisgarh companies fall under the NCLT Cuttack bench.
Served from Bengaluru
Raipur matters, run from our head office
Practitioners and field collectors travel to Raipur for on-the-ground work. Legal matters run through advocates at the NCLT Cuttack 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 Raipur
What is different about Raipur
The forum
This one catches creditors out. Chhattisgarh was moved out of the western benches in 2018 and companies registered here are now heard on insolvency at the NCLT Cuttack bench, alongside Odisha. The Chhattisgarh High Court sits at Bilaspur, and commercial suits are filed at the commercial court for Raipur district. A section 9 petition filed at Indore or Mumbai on the old map will not be 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. Chhattisgarh runs a single state-level council at Raipur.
The debtors
The debtor base here is steel and sponge iron, rolling mills and structurals, cement, coal and mining services, power equipment, rice milling and agro processing, engineering fabrication. The commercial belt runs through Urla, Siltara, Bhanpuri and Gondwara, with the Bhilai-Durg belt adjoining.
What we see in Raipur
Raipur's steel and sponge iron trade runs on commodity margins that can vanish inside a quarter, so a buyer who was comfortable when the order was placed may be distressed by the time the invoice matures. Speed matters more here than in almost any other market we work: the difference between escalating at sixty days and at hundred and eighty is often the difference between recovery and a write-off.
How we work a Raipur 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 Raipur 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 Raipur for on-the-ground work, including Urla, Siltara and Bhanpuri. 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 Cuttack 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 →
Questions from Raipur businesses
Do you have an office in Raipur?
No. Kenstone Capital is headquartered in Bengaluru and serves Raipur 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 Cuttack 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 Raipur company actually be heard?
This one catches creditors out. Chhattisgarh was moved out of the western benches in 2018 and companies registered here are now heard on insolvency at the NCLT Cuttack bench, alongside Odisha. The Chhattisgarh High Court sits at Bilaspur, and commercial suits are filed at the commercial court for Raipur district. A section 9 petition filed at Indore or Mumbai on the old map will not be heard.
We are a registered MSME supplier in Raipur. 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. Chhattisgarh runs a single state-level council at Raipur.
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.