There is no doubt that Delayed Payment has been and is the biggest problem majority of the business entities are facing and there are very less companies who pay to its vendors in time. This delay in payment to Business Owners creates a huge financial problem as due to this the money is stuck and the Business Owners are not able to use the money for business growth and are stuck due to less finance and in fact sometimes this money becomes claimable money and for this such business entities have to approach Court or Forum for recovery and in India to recover the money as such is big headache from legal point of view due to lengthy and more lengthy procedure and also a Litigation is a costly affair.