India collection profile

india-bnr

 

Collecting DEbts in India

  • DSO in India is 67 days, late payments are not regulated and ownership protection may be difficult to enforce.

  • The court system is complex while extensive delays and costs make legal action difficult. Accelerated proceedings are not available for undisputed debts and foreign debt judgments would be enforced with difficulty.

  • A new insolvency regulation provides a framework for debt restructuring, priority rules, time frames and clawback, but in practice, once the debtor is insolvent, chances of recovery are virtually impossible.

 

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    India

    India

    Collection complexity

    very-high-2

    Collection relating to

    Payments
    $-4
    Court
    proceedings
    Gav-4
    Insolvency
    proceedings
    Arrow-2

     

     

    Publications about India

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