Served from Bengaluru
Debt collection agency in Surat — B2B receivables, recovery and enforcement for businesses owed by Surat companies.
Surat's diamond and textile trades run on trust and long informal credit; documentation decides what is recoverable, and Gujarat companies fall under the NCLT Ahmedabad bench.
Served from Bengaluru
Surat matters, run from our head office
Practitioners and field collectors travel to Surat for on-the-ground work. Legal matters run through advocates at the NCLT Ahmedabad 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 Surat
What is different about Surat
The forum
Companies registered in Gujarat go to the NCLT Ahmedabad bench. Commercial suits are filed at the commercial court for Surat 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. Gujarat's decentralisation includes a regional council at Surat.
The debtors
The debtor base here is diamond cutting and polishing, man-made fabric and textile processing, embroidery and job work, chemicals and dyes, petrochemicals and gas at Hazira, jewellery manufacturing. The commercial belt runs through Pandesara, Udhna, Sachin GIDC, Katargam, Bhestan, Palsana, Hazira and the Surat Diamond Bourse at Khajod.
What we see in Surat
Surat's textile and diamond trades both run on angadia and memo credit — value moving on trust with minimal paper — and both produce claims that are commercially real and legally thin. Where a buyer has issued cheques, section 138 is usually the strongest route. Where nothing was issued at all, we will tell you early that the file is weak rather than bill you to discover it.
How we work a Surat 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 Surat 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 Surat for on-the-ground work, including Pandesara, Udhna and Sachin GIDC. 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 Ahmedabad 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 West India
Questions from Surat businesses
Do you have an office in Surat?
No. Kenstone Capital is headquartered in Bengaluru and serves Surat 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 Ahmedabad 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 Surat company actually be heard?
Companies registered in Gujarat go to the NCLT Ahmedabad bench. Commercial suits are filed at the commercial court for Surat district.
We are a registered MSME supplier in Surat. 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. Gujarat's decentralisation includes a regional council at Surat.
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.