Debt Recovery for Your Country's Companies
Each jurisdiction has unique considerations — bilateral treaties, specific arbitration institutions, currency controls, and diplomatic frameworks. Our country-specific practice pages detail the exact process and legal pathway for creditors from each major trading partner of India.
United Kingdom
Recover trade debts, enforce UK court orders and LCIA/LMAA awards in India.
UAE & Gulf
Dubai desk advantage — DIFC and DIAC award enforcement, Gulf trade debt recovery.
United States
US company debt recovery from Indian debtors — AAA, ICC award enforcement.
Singapore
SIAC award enforcement and trade debt recovery from Singapore-based creditors.
European Union
EU company debt recovery — ICC Paris, UNCITRAL and bilateral treaty enforcement.
Gulf Cooperation Council
Saudi Arabia, Kuwait, Qatar, Bahrain, Oman — GCC trade debt recovery in India.
What Are You Trying to Recover?
The legal mechanism depends entirely on the nature of the debt and the documentation in hand. Select the problem that matches your situation for a detailed legal pathway.
Recover Money from Indian Company
Step-by-step process for foreign creditors to recover unpaid dues from Indian debtors.
Enforce Foreign Judgment in India
Enforcement of UK, US, UAE and other foreign court judgments under CPC Section 44A.
Unpaid Export Invoice Recovery
Recover outstanding export payments from Indian importers who have defaulted.
Foreign Arbitration Award Enforcement
New York Convention enforcement of ICC, LCIA, SIAC, DIAC and UNCITRAL awards in India.
Cross-Border Trade Debt Recovery
Comprehensive cross-border debt recovery strategy for international trade creditors.
Six Enforcement Pathways Available to Foreign Creditors
Indian law provides multiple, often concurrent, enforcement mechanisms. The correct choice depends on the nature of the debt, available security, and the urgency of recovery. We deploy these mechanisms strategically — often in combination — to maximise recovery speed and quantum.
The primary forum for recovery of debts above ₹20 lakhs. DRT proceedings are summary in nature, with strict timelines. Recovery Certificates issued by DRT are enforceable as civil court decrees — attachment and sale of any debtor asset is possible. India has 39 DRT benches across all major commercial cities.
For secured creditors with a registered mortgage or hypothecation, SARFAESI allows possession of secured assets without court intervention after a 60-day demand notice. Possession can be taken physically or symbolically. Assets can then be auctioned to realise the debt. Particularly effective where the Indian debtor has charged immovable property as security.
Where the debt is based on a written contract, bill of exchange, promissory note, or acknowledgement, a Summary Suit can be filed in the High Court. The defendant must obtain leave to defend — they cannot simply deny the claim. This significantly accelerates the decree timeline to 6–12 months in commercial disputes.
For debts above ₹1 crore, filing an insolvency application before the National Company Law Tribunal is a powerful pressure tool. It triggers a moratorium on all assets, appointment of a Resolution Professional, and structured CIRP. The threat of insolvency alone often prompts settlement. Foreign creditors can participate as Financial or Operational Creditors.
India is a signatory to the New York Convention. Foreign arbitral awards (ICC, LCIA, SIAC, DIAC, AAA, UNCITRAL) are enforceable in India through the designated High Court. The Supreme Court has progressively narrowed grounds for refusal. A New York Convention application is the fastest route for foreign companies that already hold an arbitral award.
Where there is a credible risk that the Indian debtor will dissipate assets to defeat a future decree, an ex-parte attachment before judgment can be obtained from the High Court. This freezes the debtor's assets — bank accounts, property, shares — before they are hidden or transferred. We routinely combine this with an injunction under Section 9 of the Arbitration Act.
What Foreign Creditors Need That Most Firms Cannot Provide
International debt recovery in India is not simply a matter of filing a case. It requires pre-filing asset intelligence, jurisdictional strategy, cross-border legal structuring, and post-recovery repatriation planning. These are not skills found at generalist firms.
Single Specialty — No Distraction
Unified Chambers practices only debt recovery. No criminal litigation, no family law, no IP disputes. Every partner, associate, and team member is focused entirely on recovering money owed to clients. This depth of specialisation is rare in India and makes a material difference in outcomes.
Senior Partner-Led Every Mandate
Advocate Subodh Bajpai — LLB, LLM, MBA (XLRI Jamshedpur), MA (Political Science) — personally leads every international mandate. Foreign clients are not handed to junior associates. You have direct access to the most senior practitioner from day one through matter closure.
Dubai Desk — Natural Gateway
Our Dubai desk makes Unified Chambers the natural choice for UAE, Gulf, and international clients. Geographic proximity, time zone overlap with the Middle East and Europe, and understanding of cross-jurisdictional trade structures gives international clients an informed, responsive team.
Pre-Filing Asset Intelligence
We conduct comprehensive asset tracing before filing — immovable property searches, company charge registers, ROC filings, CIBIL commercial reports, and public domain intelligence. This ensures we know exactly what assets are available for enforcement before a single court application is made.
Power of Attorney — No India Visit Required
International clients never need to travel to India. A simple Power of Attorney, apostilled in the client's home country, authorises us to act across all forums. We handle every step — from filing to enforcement to repatriation — without requiring physical presence.
FEMA-Compliant Repatriation
Recovery is worthless if funds cannot leave India. We work in-house with FEMA specialists to ensure every recovered amount is structured for penalty-free repatriation under RBI's current account rules — including documentation for authorised dealers and correspondence with the RBI where large amounts require specific approval.
From First Contact to Recovery — The Unified Chambers Process
We follow a rigorous eight-stage process that eliminates procedural surprises, keeps clients informed at every stage, and maximises the probability and speed of recovery.
Initial Case Assessment
Free 30-minute consultation by video conference. We assess the debt quantum, documentation strength, debtor profile, limitation status, and most effective legal pathway. No engagement until you have a clear picture of the strategy.
Power of Attorney & Mandate
We prepare a Power of Attorney in the format required for Indian courts. You execute it in your home country, get it apostilled or attested at the Indian High Commission/Embassy, and courier the original to us. We handle all formalities from there.
Pre-Filing Asset Tracing
Before filing, we conduct comprehensive asset intelligence: ROC charge searches, property registry searches in relevant districts, bank account information (where accessible), company search, and public domain intelligence. This shapes the enforcement strategy from day one.
Legal Notice & Demand
A formal legal notice under the relevant statute is issued — RDDBFI Act, Negotiable Instruments Act, or IBC — creating a paper trail, triggering limitation, and opening a window for pre-litigation settlement. Many cases settle at this stage.
Forum Selection & Filing
Based on the debt nature, quantum, and asset intelligence, we file before the optimal forum: DRT, High Court (Summary Suit or Writ), NCLT (IBC), or enforce the foreign award through the designated High Court. Interim attachment or injunction may be filed simultaneously.
Active Litigation Management
Unified Chambers appears personally at every hearing. We provide bi-weekly case updates, share all court orders within 24 hours, and keep you informed of every development. No radio silence, no "ask the junior".
Recovery Certificate & Execution
Once a decree or Recovery Certificate is issued, we move immediately to execution — identifying and attaching specific assets, pursuing bank account garnishment, and driving auction of attached property. Speed in execution is where most firms fail; we prioritise it.
FEMA Repatriation
We work with FEMA-compliant specialists to structure repatriation under RBI current account rules. Documentation for authorised dealers is prepared, RBI correspondence handled where required, and funds are remitted to your designated foreign account.
International Debt Recovery in India — What Foreign Clients Ask
Answers from Advocate Subodh Bajpai based on 25+ years of handling international recovery mandates.
Can a foreign company file a debt recovery case in India?
Yes. Foreign companies are entitled to file debt recovery applications before the Debt Recovery Tribunal (DRT) in India under the Recovery of Debts and Bankruptcy Act, 1993 (RDDBFI Act). The minimum threshold is ₹20 lakhs (approximately USD 24,000). There is no requirement for the foreign company to have a registered office in India, though it must engage a locally enrolled advocate to appear before the tribunal. Unified Chambers assists foreign clients through the entire process — from jurisdiction assessment and cause of action verification to final recovery and repatriation of funds.
Which Indian courts have jurisdiction over international debt recovery matters?
Jurisdiction depends on where the defendant (Indian debtor) is located or where the cause of action arose. Debt Recovery Tribunals (DRTs) handle claims above ₹20 lakhs involving banks, financial institutions, and secured creditors. For trade-related disputes, the High Courts of Delhi, Mumbai, Bombay, Calcutta, Madras, and other jurisdictions have Original Side jurisdiction for commercial claims above specified thresholds. The National Company Law Tribunal (NCLT) handles insolvency proceedings under the Insolvency and Bankruptcy Code, 2016. Unified Chambers maintains active presence before DRT Delhi, DRT Mumbai, Delhi High Court, and Bombay High Court — the four most critical forums for international debt recovery.
How long does debt recovery take in India for a foreign company?
Realistic timelines vary by forum and enforcement mechanism. DRT proceedings, once a case is filed and served, typically move through hearing stages in 12–24 months, with execution of the Recovery Certificate taking an additional 6–18 months. Summary suits in High Courts (Order XXXVII CPC) can yield decrees within 6–12 months where the defendant cannot raise a triable issue. Insolvency proceedings under IBC can result in resolution within 180–330 days from admission. Interim relief — attachment orders, injunctions against asset dissipation — can be obtained within days of filing, depending on urgency and forum. Our practice focus on pre-filing asset tracing significantly improves realisation speed.
Can a foreign arbitral award be enforced in India?
Yes. India is a signatory to the New York Convention on Recognition and Enforcement of Foreign Arbitral Awards (1958). Under Part II of the Arbitration and Conciliation Act, 1996, foreign awards made in Convention countries can be enforced in India through an application to the designated High Court. Enforcement can be refused only on narrow grounds: lack of notice, invalidity of arbitration agreement, excess of jurisdiction, or violation of public policy. The Supreme Court of India has significantly narrowed the "public policy" exception over recent years. Unified Chambers has deep experience in New York Convention enforcement proceedings, including cases involving ICC, LCIA, SIAC, and UNCITRAL awards.
What is the minimum debt amount for DRT proceedings in India?
The Debt Recovery Tribunal has jurisdiction over debts above ₹20 lakhs (approximately USD 24,000 or GBP 19,000). Below this threshold, recovery must be pursued through civil courts under the Code of Civil Procedure, 1908. For commercial disputes above ₹3 crores (approximately USD 360,000), the Commercial Courts Act, 2015 provides a dedicated fast-track forum at district and High Court levels. Unified Chambers advises on the most commercially effective forum based on debt size, debtor profile, and available assets.
Do I need to visit India to pursue debt recovery?
No. Foreign companies and individuals can pursue complete debt recovery proceedings in India without visiting the country. A Power of Attorney (POA) executed in the foreign country, apostilled or attested by the Indian High Commission, authorises Unified Chambers to act on your behalf for all court proceedings, document filings, negotiations, and enforcement actions. We conduct all client communication via video conference, secure email, and encrypted document exchange. Many of our international mandates have been completed without the client ever travelling to India.
Can I recover money from an Indian company that has become insolvent?
Yes, through the Insolvency and Bankruptcy Code, 2016 (IBC). If the Indian debtor company has defaulted on a minimum debt of ₹1 crore, a Financial Creditor or Operational Creditor can file an insolvency application before the National Company Law Tribunal (NCLT). This triggers a moratorium on all legal proceedings, appointment of a Resolution Professional, and a structured Corporate Insolvency Resolution Process (CIRP) within 180 days (extendable to 330 days). Foreign creditors can participate in the Committee of Creditors (CoC) and in the resolution process. If no viable resolution plan is approved, the company proceeds to liquidation, with creditor priority governed by Section 53 of the IBC.
What assets can be seized from an Indian debtor company?
Under various Indian statutes, the following assets are attachable: immovable property (land and buildings), movable property (machinery, vehicles, stock), bank accounts and fixed deposits, receivables and book debts, shares and securities held in demat accounts, intellectual property rights, and export remittances. Under SARFAESI Act, 2002, secured creditors can take possession of mortgaged assets without court intervention after issuing a 60-day notice. Under DRT Recovery Certificates, the Recovery Officer has wide powers to attach and sell any property of the judgment debtor. Pre-suit attachment orders from the High Court can freeze assets before the debtor dissipates them.
What documents does a foreign company need to file a debt recovery case in India?
Core documentation includes: the underlying contract or agreement evidencing the debt; invoices, purchase orders, or delivery challans; correspondence acknowledging the debt (emails, WhatsApp messages, signed minutes); bank statements showing payments made; any securities given (mortgage deed, personal guarantee, corporate guarantee); and the Power of Attorney authorising Indian counsel. For foreign judgments and arbitral awards, a certified copy of the award or judgment along with its translation (if not in English) is required. We provide a detailed document checklist at the time of mandate and assist in structuring documents for maximum evidentiary impact before Indian tribunals.
Is there a time limit for filing a debt recovery case in India?
Yes. Under the Limitation Act, 1963, the standard limitation period for recovery of money is three years from the date of default or the last acknowledgement of debt. For cases before the DRT, the same three-year limitation applies. For enforcement of a foreign arbitral award in India, the limitation is three years from the date the award became enforceable. It is critical to act promptly — limitation bars that have run are rarely condoned. Unified Chambers advises on limitation analysis as the first step in every mandate to ensure no procedural barrier to recovery.
How are funds repatriated after successful recovery in India?
Funds recovered through court proceedings or negotiated settlements in India can be repatriated by a foreign company under the Foreign Exchange Management Act, 1999 (FEMA) and RBI guidelines for current account transactions. Repatriation of principal and interest on outstanding trade receivables is permitted without prior RBI approval under the current account route. For larger amounts or where the original transaction was structured through FDI or ECB routes, specific documentation and FEMA compliance is required. Unified Chambers works with FEMA-compliant chartered accountants and authorised dealers to ensure seamless, penalty-free repatriation of recovered funds.
Ready to Recover Your Money from India?
Send us the basic details — the debtor company name, the approximate debt amount, and the documents you hold. We will respond within 24 hours with a frank assessment of your recovery prospects, the recommended legal pathway, and indicative timelines. There is no fee for the initial assessment.
Minimum matter: ₹50 Lakhs · Desks: Delhi · Mumbai · Dubai · All communications strictly confidential