Detailed Story

Vishal Engineering Company, nestled in the heart of Haryana, boasts a legacy of manufacturing excellence in bottles, PET performances, and caps. However, despite their commitment to quality and diligence, they were entangled in the arduous web of delayed payments.

With a substantial default amount of Rs. 22,15,498 looming over them, owed by a company M/s Lexus India Limited, Vishal Engineering Company sought assistance from Nodefaulters.com being operated by the Chamber of Indian Micro Small & Medium Enterprises. Mr. Mukesh Mohan Gupta, President of the Chamber of Indian Micro Small & Medium Enterprises along with the dedicated team committed to supporting M/s Vishal Engineering Company in assisting them to recover the legitimate dues.

The team of the Chamber of Indian Micro Small & Medium Enterprises assisted in filing a case before the Hon’ble National Law Company Tribunal. The team orchestrated settlement meetings, not once, but twice, with the opposing party. Our office became the battleground where negotiations took place, fueled by our wisdom and guidance.

The journey was fraught with challenges, but Vishal Engineering Company stood tall, bolstered by the unconditional support of the Chamber of Indian Micro Small & Medium Enterprises. Finally, in 2023, after a long and grueling battle that spanned back to 2017, victory was theirs. With our teams’s guidance, they reclaimed what was rightfully theirs – the long-pending amount that had eluded them for far too long.