LEGAL NOTICE ON RECOVERY OF MONEY – Jai Sikand

Legal Notice

Legal notice for recovery of money is a formal intimation between two people warning the other before legal action is initiated to get their due payment. Believe it or not, you can also send a legal notice for recovery of money from a friend, in case he/she owes you a lot. To recover money from people who owe it to you, the role and importance of a legal notice for recovery of due becomes important. Legal notice for refund of money can be filed for anyone from a dealer to an employee, tenant, friend, company, bank, etc.

 

Ref. No……123………. Dated 15th May, 2021

REGD.A.D.

LEGAL NOTICE

To,

Sandeep

Dear Sir,

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

1- That my client is a _____INDIVIDUAL______ firm/individual under the name and style of M/s _______________RAMESH_______.

2- That my client is engaged in the business of _____FOOD & BEVERAGE_____ of the ___ 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. ___10,00,000______/- you have been miserably failed to make payment of the said amount due to my client from you deliberately with malafide intent, hence you are liable to pay the said principal balance amount of Rs. ____12,00,000______/- alongwith interest @ _20_% 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. ____12,00,000______/-

6- That thus you are liable to pay the total amount of Rs. ____12,00,000____/- 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. ____Ramesh______/-. along with future interest @ 20__ % p.a. from the date of notice till actual realization of the said amount, together with notice fee of Rs. _12,00,000___/- to my client either in cash or by demand draft or Cheque which ever mode suits you better, within clear 30 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.

(____Jai_______)

ADVOCATE

Topic – Money Recovery Notice

Issue – Unable to pay the amount

– by Jai Sikand AT LEXCLIQ.

Leave a Reply

LexCliq

Where Would She Have Learned That?

Kevin Pierre-Lewis has been mostly an unique teams player in the most common of his profession, and 2020 presents the first period by which he played a lot more than 300 snaps on security. The goal of any protection with a highly skilled offense in the playoffs is just getting some stops and forcing turnovers, […]

Read More
LexCliq

TupiTea Reviews – Scam or Legit? Important Information to Know First!

Sexual health is something that should be taken seriously, especially given the increasing rates of STIs and other reproductive health issues. Aside from being treatable, these diseases can also have serious consequences if left untreated. Not only are sexual disorders common, but also abstinence can lead to negative consequences like increased stress levels, anxiety, and […]

Read More
LexCliq

Is An Ebay Business Right Which?

Online clothing business is to get its due notice. Start-up entrepreneurs are realizing right now there is cash in the dropship business. It may start out as a short contribution back to your family’s household income but in time, it’s going to realize a handsome profit to support most of the family’s specifications. The niche […]

Read More