Notice Under Sec.138 Negotiable Instruments Act 1346 Legal Draft Template
| Category | Negotiable Instruments Act |
| Format | Rich Text |
| File name | Notice under sec.138-Negotiable Instruments Act-1346.rtf |
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A NOTICE U/S 138 OF THE NEGOTIABLE
INSTRUMENTS ACT
SUDHAKAR E. AVHAD,
16/1 Siddharth Chambers
B. Sc. (Hons); LL. M., Erandwana, Karve Road,
ADVOCATE. PUNE 411004
Phones : 5431424, 543143/
Dated
NOTICE
(BY REGISTERED A.D.)
To
Shri M_A_D,
Sir,
Under instructions from and on behalf of my client, Shri BAD, 10 Kasba Peth, Pune 411011, I have to address you as follows :
1. That my client and yourself happened to be old friends, and as such
the relationship between you two has been established for a very
long time.
2. That my client has been running his business in readymade clothe;
and hosiery in Pune city.
3. That the business of my client is that of a wholesaler, and he
supplies clothes and hosiery to various businessmen in and around
the city.
That recently, you have also started your business in readymadeclothes and hosiery as a retailer having a shop in the suborn of the
city.
4. That since the beginning of your business, you used to purchase
ready clothes and hosiery from the shop of my client on credit basis
and you also used to make the payment for the same within a period as agreed by and between my client.
5. That my client says that you had been regular and punctual in making the payment for the materials purchased by you from the shop of my client, and every time, you used to issue cheques towards the payment of bills on that account.
6. That the last time, on , you had purchased the material for Rs. 50,000/- and issued in favour of my client a cheque for that amount. That my client, as usual, presented the said cheque to his banker,
Bank of Maharashtra, Karve Road Branch, on for encashment. 7. That, however, the Bank has returned the said cheque to my client with an endorsement "Dishonoured for insufficient balance". That since the said cheque has been dishonoured for the reason of "Insufficiency of funds", you may be held liable civilly as well as criminally particularly under section 138 of the Negotiable Instruments Act and provisions of the Code of Civil Procedure.
8. That my client does hereby call upon you to make the payment of the said amount of Rs. 50,000/- WITHIN FIFTEEN DAYS from the receipt of this notice, failing which my client will be constrained to take against you an appropriate legal action including filing of a criminal complaint, which please note.
8. That my client does hereby call upon you to make the payment of the said amount of Rs. 50,000/- WITHIN FIFTEEN DAYS from the receipt of this notice, failing which my client will be constrained to take against you an appropriate legal action including filing of a criminal complaint, which please note.
9. That since your illegal behaviour has necessitated the issue of this notice, you are hereby charged with its costs, i.e. Rs. 1,500/-, which also please further note.
Yours faithfully, [ Harshad Badhbade]
ADVOCATE.