FINIO RECOVERY PVT. LTD
UNPAID MAINTENANCE DUES ARE A THING OF THE PAST
ABOUT US
Finio Recovery Pvt Ltd is a trusted partner for co-op housing societies and commercial premises societies. We specialize in helping our clients recover their late and pending maintenance payments efficiently and effectively. Our mission is to ensure that our clients receive the funds they are rightfully owed, allowing them to maintain healthy cash flow and focus on the core operations of running the society.
TESTIMONIALS
A Mumbai based CHSL’s office bearers were in a legal battle with its members. For this reason they all stopped paying their maintenance dues. Since these were two different matters, Finio was called to help resolve and recover dues
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Tinu Verma, Secretary of an Andheri based CHSL
“We are a small society of 25 general body members and our members stopped paying their maintenance dues since last two years due to conflict with the office bearers. It was sort of strike from their side. We were really struggling to run the society and maintain its upkeep. That’s when we were introduced to Finio who acted very professionally and even spoke to each member personally and provided them free legal advice. We ended up recovering most of the owed money and we have not had issues since then.”
An upmarket CHSL in Koregaon Park, Pune employed Finio Recovery's services for recovery of encroachment based penalties from its members.
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Rahul Kumar Singh, Chairman of a Koregaon Park based CHSL
"When we passed resolution to levy fines on all types of encroachment in our buildings, we met with a lot of pushback and members refused to pay up. We also charged interest on non payment of maintenance dues including fines. After few years, some of these dues were upto lakhs of rupees. We had lost all hope and were planning to write it off as bad debts. But Finio helped us recover most of our money and a couple of court cases are still being fought with members but we are positive Finio will recover this money for us too. ”
An commercial premises society in Kondhwa, Pune employed Finio Recovery's services for recovery of old builder dues from members which were passed down by the builder to the society.
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Mr. A.K. Shaikh, Chairman
"Our dues were long pending with members disputing with the society office about having to pay these old builder dues. No resolution was coming. We were approached by Finio and we started work with them. Within 3 months of our data going to them, we have recovered over 20 lacs of the total dues. We are confident that now with the legal action phase kicking in, other defaulters will pay up as well. We also use their ongoing maintenance collection service which ensures timely payment from members of our invoices."