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523635701-681214-20210420130029-Legal-Notice-Format-for-Recovery-of-Money (1) (1)

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This legal notice is served to Hasim regarding an outstanding payment of Rs. 12,575.78 owed to IFSL for services rendered on credit. Despite acknowledging the debt, Hasim has failed to make the payment, prompting IFSL to demand the amount along with interest and notice fees within five days. If payment is not made, legal action will be initiated against Hasim for recovery of the owed amount.

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523635701-681214-20210420130029-Legal-Notice-Format-for-Recovery-of-Money (1) (1)

Uploaded by

naushadf4u
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This legal notice is served to Hasim regarding an outstanding payment of Rs. 12,575.78 owed to IFSL for services rendered on credit. Despite acknowledging the debt, Hasim has failed to make the payment, prompting IFSL to demand the amount along with interest and notice fees within five days. If payment is not made, legal action will be initiated against Hasim for recovery of the owed amount.

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This legal notice is served to Hasim regarding an outstanding payment of Rs. 12,575.78 owed to IFSL for services rendered on credit. Despite acknowledging the debt, Hasim has failed to make the payment, prompting IFSL to demand the amount along with interest and notice fees within five days. If payment is not made, legal action will be initiated against Hasim for recovery of the owed amount.

Copyright:

© All Rights Reserved
Download as PDF, TXT or read online from Scribd
Download as pdf or txt
0 views2 pages

523635701-681214-20210420130029-Legal-Notice-Format-for-Recovery-of-Money (1) (1)

Uploaded by

naushadf4u
This legal notice is served to Hasim regarding an outstanding payment of Rs. 12,575.78 owed to IFSL for services rendered on credit. Despite acknowledging the debt, Hasim has failed to make the payment, prompting IFSL to demand the amount along with interest and notice fees within five days. If payment is not made, legal action will be initiated against Hasim for recovery of the owed amount.

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Ref. No.

HARYANA 122002
SUB.: LEGAL NOTICE

To,
Hasim S/O Jahid
Vill- Chargharia Terhagachh
Kishanganj Bihar -855101

Dear Sir/Madam,

Pursuant to the instructions from and on behalf of my client IFSL, through its
I do hereby serve you with the following Legal Notice: –

1- That my client is a IFSL firm/individual under the name and style of M/s
I . IFSL For Tractor Funding.

2- That my client is engaged in the business of IFSL of the LOAN etc.

3- That against your valid and confirmed order my client did your job work from time to time on
credit basis as you have running credit account in the account books of my client operated
in due course of business.

4- That my client-raised bills of each and every work performed for payment, although you have
acknowledged the receipt of such bills raised by my client.

5- That inspite of acknowledging the liability of payment of principal balance of Rs.


12,575.78/- you have been miserably failed to make payment of the said amount due to my
client from you deliberately with an intent, hence you are liable to pay the said principal balance
amount of Rs. 12,575.78/- along with interest @% p.a. from the date of due till actual
realization of the said sum as is generally and customarily prevailing in the trade usages, which
comes to Rs. 7090/-
6- That thus you are liable to pay the total amount of Rs. 12,575.78/- to my above-named client
and my above-named client is entitled to recover the same from you.

7- That my client requested you several times through telephonic message and by sending
personal messenger to your office for release of the said outstanding payment, but you have
always been dilly delaying the same on one pretext or the other and so far have not paid even a
single paisa out of the said outstanding undisputed amount.

I, therefore, through this Notice finally call upon you to pay to my client Rs. 12,575.78/-.
along with future interest @ 28.95% p.a. from the date of notice till actual realization of the said
amount, together with notice fee of Rs. 262/- to my client either in cash or by demand draft or
Cheque whichever mode suits you better, within clear 05 days from the date of receipt of this
notice, failing which my client has given me clear instructions to file civil as well as criminal
lawsuit for recovery and other Miscellaneous proceedings against you in the competent court of
law and in that event you shall be fully responsible for the same.

A copy of this Notice has been preserved in my office for record and future course of action.

Sandeep Wadkar
ADVOCATE

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