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Sep 27, 2023 · A Demand Notice is a written request from the creditor to the debtor for the repayment of the amount owed by the debtor. A Legal Notice is sent in the cases of Civil Disputes. Demand Notice under section 138 is mainly sent incases of non-payment of the debts.
Jul 20, 2018 · A notice served under Section 138 of Negotiable Instruments Act should be issued within one month of the bounce of the cheque is sent through registered AD post only.
Nov 19, 2020 · NOTICE IN DEMAND UNDER SECTION OF NEGOTIABLE INSTRUMENT ACT. Under authority, information and the instruction from my client, Anil kamalakant Mishra, having a resident registered at Plot No. , __________________________ City Gujarat -________, I have to address you as under:-. 1.
This Notice is a Notice which shall be given by the unpaid Creditor (Payee) to the defaulting Debtor (Drawer) through an Advocate in case of dishonour of Cheque under section 138 of Negotiable Instrument Act.
Jun 12, 2015 · To draft a legal notice it is imperative to understand the ingredients of the offence that is being alleged by means of such a notice. Drafting a legal notice for the bouncing of a cheque would require an understanding as to what constitutes the offence of dishonour of cheque.
hereby serve upon you the following notice of demand under Section 138 of the Negotiable Instrument Act, 1881: a) That my client knows you, the notice, from the last 4-5 years and on that account you had gained the faith and confidence of my client, that you demanded a friendly loan of
Aug 19, 2021 · Section 138 of the Negotiable Instruments Act, 1881 deals with the punishment of dishonour of cheques. It includes bills of exchange, promissory notes and cheques. A case can be filed under Section 138 of the Negotiable Instruments Act, 1881 when a drawer fails to discharge his liability.
Sep 27, 2021 · Under instructions and authority from our client Mr. Bhuvan Deepak a wholesale trader in woollen garments in Ludhiana, Punjab, we serve upon you the following notice of demand under section 138 of the Negotiable Instruments Act, 1881.
Section 138 in The Negotiable Instruments Act, 1881. 138. Dishonour of cheque for insufficiency, etc., of funds in the account.—. (b) the payee or the holder in due course of the cheque, as the case may be, makes a demand for the payment of the said amount of money by giving a notice in writing, to the drawer of the cheque, [within thirty ...
Jun 6, 2019 · A legal notice is to be issued to the drawer within 15 days of dishonor of cheque by registered post with all relevant facts. The drawer is given a time of 15 days to make the payment, if the payment is made then the matter is served and the issue is settled.
