Recovery of due from a limited co.

313 views 4 replies
Where to complain to recover the due amount from a limited company? What is the procedure required to be done?
Replies (4)

In case yours is an MSME unit you may lodge complaint with the authority constituted under MSMED Act 2006.  Otherwise you have to file ordinary civil suit in the court for recovery.

 

But sir can't we file an complaint under Ministry of Corporate Affairs?

Job of MCA is to ensure compliance of company law provisions by companies and not to recover outstanding amount.  It is the job of courts.  Companies Act does not provide that a company must pay its dues on due date.  It is violation of Contract Act.

 

Alternatively you can send a notice for winding up of the company if it is proved that the company is unable to pay its debts.  In that case you will have to file petition in High Court for winding up of that defaulting company.

 

Okay sir. Thank you..

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

G A R U D & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
16 July 2026
Manager - Finance & Accounts

Aliens Group

Hyderabad

CA Final

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
14 July 2026
Senior Executive/ Manager

H S SHARMA AND CO

Pune

CA Final

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

Sahil Agarwal & Company

Mumbai

CA Inter

View Details