Responsive image

Recovery Cases


Overview

Recovery by banks and financial institutions is done under the DRT Act and SARFAESI Act. The corporates/business/individuals recover the outstanding dues/payments by filing the recovery suit under Order 37 of Civil Procedure Code also known as summary suit. Sabkuch Legal has a team of empaneled outstanding lawyers with vast experience in filing/contesting recovery cases.

Benefits of recovery cases

The benefits of commencing recovery cases are:

  1. They help in recovery of money over due from the customer.
  2. They ensure faster recovery of money from the customer.
  3. It ensures recovery of money using fair practices keeping in mind maintenance of healthy relationship between bank and the customer.
  4. The process is simple and not very expensive.

Procedure

Procedure for Recovery Cases

Frequently Asked Questions

What is recovery?

Recovery refers to the collection of outstanding dues.

 What is the difference between debt recovery and debt collection?

Debt collection is done by creditor itself whereas debt recovery is done by a third party agency appointed by the creditor.

 What is the primary benefit of a recovery case?

Recovery case helps in quicker recovery of money.

How long does Sabkuch Legal take to commence a recovery case?

We try our best to prepare and dispatch recovery notice in the shortest possible time.

Why Choose Us

Why Choose us for Recovery Cases

Ask a Free Legal Question?



© Sabkuch Legal Pvt. Ltd. All Rights Reserved.