Payment not received even after 2 years

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Hello All,

I have a client who was doing business with us in 2016. But we have stopped servicing them as they did not pay us for the services provided. It has been 2 years now. we have been following regularly for payment by email and in person. Now they send us a reply stating that the it is a 2 year old matter and their books are closed so nothing can be done.

What can be done to recover the pending dues. Please advise.
Replies (1)

If the amount is > 1 Lakh then you may go for recovery under Insolvency and bankruptcy code, 2016. New law and very much effective also.


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