Category: Negotiable Instruments Act
Joint Promissory Note Payable After Date or SightJoint Promissory Note Payable After Date or SightRs DateThree months after date {or, after sight), we jointly and severally promiseto pay to AB {or, to AB or order) the sum of Rupees (Rs )only, with interest at the rate of 18 per cent per annum from the date hereof until payment, for value received.EFCD {Debtors)...
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Joint Promissory Note Payable in InstalmentsJoint Promissory Note Payable in InstalmentsRs DateWe jointly and severally promise to pay to AB (or, to AB or order) the sum of Rupees (Rs ) only (for value received), by instalments of Rs per month with interest on each instalment at 18 per cent per annum from the date hereof until payment, the first instalment with interest thereon to be paid on the ......... day of......... next, and each succeeding instalment with interest thereon to be paid on the.........day of each following month at.........................., until the whole of the said sum of Rs..........be repaid; any one instalment being in arrear for seven days, the balance of the said sum of Rs..........remaining owing shall become immediately payable, with interest thereon until payment. EF &nb...
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Joint Promissory Note Payable on DemandJoint Promissory Note Payable on DemandRs DateOn demand (or, at sight, or, on presentment), we jointly and severallypromise to pay to AB {or, to AB or order), at Delhi, the sum of Rupees (Rs ) only, with interest at the rate of 18 per cent per annum untilpayment, for value received.EFCE {Debtor)...
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Letter of Credit (Foreign)L/c No. Rs. To.London Dear Sir,You fire hereby authorised to draw on us bills of exchange or drafts at6 months' sight for a sum not exceeding Rs towards the aggregateamount payable to you by our customer Mr In respect of the shipmentof consignment No of sold and to be exported by you to .. . . our said customer. We undertake to duly honour such bills of exchange/drafts on presentation by you or through your bankers duly discounted in their favour.The bills of exchange/drafts should be accompanied by the relevant bill of lading in respect of the consignment duly endorsed and shipping invoice, particulars of insurance policy and the documents relating to the said shipment.The bills or drafts must specify that they are drawn under this credit number. . . date ....Yours faithfullyFor Bank of .... Bombay,Manag...
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Letter of Guarantee by DirectorsTo,The Manager,Bank of...Branch office Sir.Your bank has advanced the loan of Rs to M/s. ADC Co. Pvt. Ltd.(or has granted cash credit facility] to the extent to Rs and of whichcompany we the undersigned persons are Directors.In consideration of your granting the said loan/cash credit facility, to the said company we the undersigned in our personal capacity, jointly and severally guarantee the repayment of the said loan amount (or amount due and payable at the foot of cash credit account at the date of demand by you] with interest thereon as agreed by said company and agree to pay the same on demand, in the event of the company making default in payment thereof as and when demanded by you.■Dated this .... day of Sd/ Sd/ Sd /...
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Letter of lien for cash credit facilityTo,The Manager, Bank Branch.Sir,We, the undersigned .... of the firm of M/s have to state as underYou have opened a cash credit account with you being account No with a maximum limit of Rs and we are operating the said account andwithdrawing and crediting amounts therein whenever required and possible.We have also a current/ saving account with you being account No and we are operating the same.We have also some amount deposited with you under fixed depositreceipt being FDR No dated ....We have to state and agree that in consideration of your granting uscash credit facility to the extent of Rs we hereby create a lien in yourfavour on the amount standing to the credit to ...
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Notice for Business OutstandingNotice for Business OutstandingRegistered A.D./UPC/Hand deliveryTo……………………….……………………….……………………….Dear Sir,On behalf of our clients ………………………… having their address at………………………. We have to address you as under :1. That from last several years you having a number of business transactions with our clients and in connection thereof, our clients have been maintaining an account in respect of said transaction had with you.2. That our clients books of account Rs……………. is due and payable by you and towards the part payment you have issued cheque for Rs…………..……….. dat...
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Notice on behalf of a Leasing CompanyNotice on behalf of a Leasing CompanyRegistered A.D./UPC/Hand deliveryTo………………………………………………………………………Dear Sir,Re : ………………………On behalf of our clients, ………..……………………… having there office at………………….. we have to address as under : 1. You entered into a Lease Finance Agreement with my clients on …………………. and agreed to pay Rs………………. and acknowledged the said debt in terms and conditions of the said Agreement2. That you agreed to pay at the rate of Rs……………&...
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Notice on behalf of the supplier of goodsNotice on behalf of the supplier of goodsRegistered A/D/UPC/Hand deliveryTo……………………..……………………..……………………..Dear Sir,On behalf of our clients ………….having their registered office at ………..…….. we would like to serve you with the following notice :1. That you are a dealing with Textiles Goods under the name and style of M/s……………………. 2. That as per your requirement and order place by you our clients sold supplied and delivered the different Textiles Goods to you and raised invoice No…………… dated………….. Rs………. you have received the said goods and found satisfactory. 3. That to fulfill your l...
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Prescribed Form DAInominee, ,deposit, ,name, ,address, ,if, ,Prescribed Form DAI(Nomination under section 45Z A of the Banking Regulation Act, 1949 and Rule 2(1) of the Banking Companies {Nomination) rules, 1985 in respect of bank deposits.1 /we (name and address) nominate the following persons to whom,in the event of my/our death the amount of the deposit particulars whereof are given below may be returned by (name and address of branch/office in which deposit is held)Particulars of depositDeposit NomineeNature of.... Name of nominee Distinguishing mark .... Address ....Additional details if any .... Relationship with depositor if any ...Age ....If nominee is a minor his date ofbirth As the nominee is a minor on the date I/We appoint Shri/Smt./Kum. (name, address and age) to receive the amount of deposit on behalf ofthe nomin...
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