Introduction

At Prospect Legal, we specialize in helping Micro, Small, and Medium Enterprises (MSMEs) recover their rightful dues with maximum compensation. With years of experience in MSME dispute resolution, we ensure your business not only recovers delayed payments but also claims the interest you’re entitled to under the MSMED Act, 2006. Our expertise in the MSME Samadhaan Portal and legal frameworks guarantees a smooth, efficient process for your payment recovery.

The MSME Challenge – What’s Going Wrong?

👉 The Hidden Cost of Delayed Payments
Your business delivered goods or services on time, but your client has been delaying payments for months. This delay isn’t just about the principal amount – it’s about the interest you’re losing. Without legal intervention, your MSME faces:

• Cash flow disruptions affecting daily operations.
• Lost interest income that could have stabilized your finances.
• Mounting debts from high-interest loans to cover expenses.
• Risk of closure due to unsustainable financial strain.

Under the MSMED Act, delayed payments accrue compound interest – but only if you act before deadlines expire.

Why MSMEs Struggle to Fix This Alone?

👉 The Complexity of Interest Calculations
Many MSMEs avoid claiming interest because:

1. Fear of losing clients: Worrying that legal action will damage business relationships.
2. Lack of legal knowledge: Unaware of how to calculate compound interest under the MSMED Act.
3. Complex documentation: Gathering invoices, delivery proofs, and interest calculations can be overwhelming.
4. Technical hurdles: Filing errors on the Samadhaan Portal lead to delays or rejections.

DIY(Do it Yourself) Risks: Incorrect interest calculations or missed deadlines can void your claim, costing you lakhs in unrecoverable dues.

How Prospect Legal Solves the Problem for You

At Prospect Legal, we don’t just explain the law – we enforce it to get you results. Here’s how we help:

✔ Step 1 – Free Case Assessment: Share your pending invoices for a legal review of interest calculations (compound vs. simple).
✔ Step 2 – Documentation Preparation: We prepare all necessary documents, including demand notices, delivery proofs, and interest certificates.
✔ Step 3 – Samadhaan Portal Filing: Our team files your case on the Samadhaan Portal, ensuring compliance with all legal requirements.
✔ Step 4 – Pre-Litigation Negotiation: We use legal notices and negotiation strategies to pressure buyers into settling quickly.

🔹 Real MSMEs, Real Results:

A manufacturing MSME recovered its dues along with compound interest after months of delayed payments. With our assistance, the case was filed on the Samadhaan Portal, and the payment was secured without lengthy litigation.

What MSMEs Need to Do Right Now

👉 Claim What You’re Owed

1. Share your pending invoices with us for a free legal assessment.
2. Let us handle the legal process while you focus on running your business.

Delay = Loss: Claims older than 3 years may become time-barred, making recovery impossible.

Why Choose Prospect Legal Private Limited?

✔ Experienced Legal Team: Specialized in MSME disputes and payment recovery.
✔ End-to-End Assistance: From documentation to legal representation.
✔ Fast & Hassle-Free Process: Avoid unnecessary delays in payment recovery.
✔ Affordable & Transparent Fees: No hidden charges, cost-effective solutions.
✔ Dedicated Support: Regular updates and expert legal guidance.

Get Legal Assistance & Recover Your Payments Hassle-Free!

Delayed payments can cripple your business. Legal intervention through the MSME Samadhaan Portal is your right. With Prospect Legal, you get expert assistance to ensure you recover your dues efficiently and legally.