Business Description

Bad debt recovery is carried out through court by law under Section 138, Civil Recovery Suit or NCLT.

Bad debt recovery is business debt accounts receivable that is recovered either in whole or in part after it has been written off or classified as a bad debt. It generally generates a loss when it is written off, a bad debt recovery usually produces income. This can be carried out through court by-law under section 138, Civil recovery suit, or NCLT.

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