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General
Debtors Watch is India’s first user-generated content web portal that will help businesses of any form and size to report trade defaults, perform credit checks and monitor their customer’s defaults on an ongoing basis. Debtors Watch provides you effective solution, by acting as a virtual credit manager and keeps an eye on all your Debtors and delayed recoveries, through the use of its uniquely designed debt collection tools.
You can contact us at team@DebtorsWatch.com. we aim to reply within 24 hours.
Any non-payment or delayed payment beyond the credit terms against sales, advances or any other transaction.
Debtors Watch will not be responsible, or liable to any third party, for the content or accuracy of any content posted by you or any other user of our site. The views expressed by other users on our site do not represent our views or values.
No. The defaulters list would only be made available for the customers which are there in the subscribers Watch list.
No. Purpose of Debtors Watch is to create the transparency in business operations. However, the same shall not be displayed on the web page of the Debtors Watch unless third party makes search for that particular defaulter.
No. Defaulter cannot remove the data on its own. However, on payment of dues and confirmation by reporter, the defaulter shall be removed from Debtors Watch by Debtors Watch team and/or by reporter.
Yes. Any content / review, which is derogatory, defamatory or hateful or in violation of the Guidelines and Polices and without any substantial evidence may be taken down at our sole discretion.
Yes. Information provided to Debtors Watch is fully secured by Secured Socket Layer (SSL). It is essentially a protocol that provides a secure communication channel between your machine and Debtors Watch server over the internet.
Yes. Debtors Watch logo can be used on Invoice
By using Debtors Watch logo, a Member basically alerts their customers that delayed payments or non- payments could lead to their name being reported on Debtors Watch.
For user of Debtors Watch Symbol, user must have subscribed to the Debtors Watch. He shall be communicated the symbol and the use of symbol via separate email.
There is no legal bar on disclose the poor paying business. However, the name shall be disclosed only to subscriber and not to public at large. Debtors Watch is not just a name and shame portal.
No information shall be displayed on public page. However, the details with regard to invoices can be shared with subscribers.
Where in the default is paid with in specified time period as prescribed after the default has been reported. The information shall not be appearing on Debtors Watch.
Please contact the Debtors Watch team along with supporting documents for same.
No. Private Messaging window shall not be allowed on Debtors Watch. But information with regard to contact details can be shared.
Managing your account
Once the default has been paid, the name of party shall be removed from defaulter list.
Till the time the information with regard to payment or settlement is not shared with Debtors Watch team.
After Login, Go to Dashboard --> Defaults Reported By Me
Website is compatible and be viewed properly in IE 8 or above, Google Chrome or Firefox browser.
The default to be reported on Debtors Watch should not be 5 Years older.
No. The usage of my account is limited to specified user only.
Usage and Services
Permanent Delisting and Blacklisting of the reporter and other lawful action as may be applicable with be taken.
No. Debtors Watch is not a Judge to authenticate the validity of the documents posted by reporter. We will not be responsible, or liable to any third party, for the content or accuracy of any content posted by you or any other user of our site. The views expressed by other users on our site do not represent our views or values.
Any business of any form and size can be user of the Debtors Watch i.e. proprietorship, partnership, companies and others.
Yes. Defaults are linked to the PAN of the reporting entity. Hence it would need to be separately reported.
Yes. Separate defaults would need to be reported for each of the defaulting Company.