Notice Reply under Negotiable Instruments Act, 1881 regarding dishonour of cheque

 

Notice Reply under Negotiable Instruments Act, 1881 regarding dishonour of cheque [CD1] 

 

 

To,

Sh.(Name & Address)

________________

Sub:- Notice under Section 138 of the Negotiable Instruments Act for Dishonour of cheque due to insufficient funds.

Respected Sir,

Under instructions and authority from our client M/s. ________ having their office at _________, we serve upon you the following notice of demand under Section 138 of the Negotiable Instruments Act.

That your business concern M/s _______ had purchased from my client goods

(Name and brief description of goods) vide their invoice bearing no. ___ dated ________ for Rs._______

On delivery of goods above mentioned, you issued a cheque bearing no. ____ dated _________ for Rs._______drawn on ____ Bank.

That when the aforesaid cheque was presented by our client M/s. ____ to your Bankers i.e. ________ the same was returned unpaid by the Bank with the remarks/reasons “Insufficient Funds”. This fact was brought to your notice by our client vide letter dated_______.

That in reply to our client’s letter, you sent a letter dated ____ requesting him to deposit the cheque again with a banker and assured him that they will be cleared this time.

My client again presented your above-mentioned cheque with its bankers, this time again the cheque was returned unpaid by the bank due to insufficient funds.

That thereafter in spite of many telephonic reminders and personal visits by the representative of our client to your office, you failed to make the payment due to our client.

That on account of the above facts, you are liable to be prosecuted under section 138 of the Negotiable Instrument Act, 1881 as amended up to date under which you are liable to be punished with imprisonment which may extend to one year or with fine which may extend to twice the amount of cheque or with both.

Under the circumstances, we call upon you to make the payment of Rs. _____ being the principal amount of the aforesaid cheque along with interest @ ____ % per annum till the time of actual payment within a period of 15 (fifteen) days from the date of receipt of this notice, failing which we will be bound to take further necessary action under the provisions of Negotiable Instrument Act, 1881 against you in the competent court of law at your risk and cost.

This is without prejudice to all other legal rights and remedies available to our client for the above-stated purpose.

Kindly take notice.

Date:____________

Yours faithfully,

____________

Notice by Vendor to complete the purchase of immovable property

Advocate

________________

Date ________________

To,

________________

________________

Re: Sale of House No. _______ situated at ____________________.

Respected Sir,

Under instructions of my client Shri ____________ s/o _______________ r/o ________________.

It is stated as follows:

My client had entered into an agreement for sale dated ___________ with you for sale of house No. ________________, situated at _____________. for a consideration of Rs. _______ and in terms of clause ___________ of the said Agreement, the said transaction is to be completed within _____ months from the date of the said agreement.

My client was and is still willing and ready to execute a sale deed in your favor or in favor of any person as you may direct in accordance with the terms of the said agreement, but the same was not done for reasons of your own.

I hereby call upon you to have the deed of conveyance executed by my client against payment of the balance of the consideration money on or before the ______ day of ____________ in terms of the said agreement, failing which the said agreement will stand cancelled and the earnest money paid by you will stand forfeited.

However, this is without prejudice to the rights of my client to recover all costs, damages, losses, and expenses incurred by him by reason of your default in performing the said agreement.

Yours faithfully,

 

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 [CD1]Notice Reply under Negotiable Instruments Act, 1881 regarding dishonour of cheque