SUIT FOR PAYMENT OF LOAN FROM GUARANTOR OF THE DEBTOR. [CD1] 

 

 

 

IN THE COURT OF THE ........

Suit No. ................... of 20........

 

 

 

C.D.....................................                                                              Plaintiff

versus

C.F.....................................                                                           Defendant

 

 

The abovenamed plaintiff most respectfully submits as under:

 

1.   That ....................took a loan through a pronote executed by the latter on ................. 20 ...................., the time of recovery of the loan amount was about to expire on .................... 20................... before which on 20....................took guarantee of the loan amount with settled interest @ ................ % per annum, for the repayment thereof if it was not paid by....................upto the extended time.

2.   That ................... failed to repay the amount of loan aforesaid by ....................20.................... the extended time.

3.   That the plaintiff then gave notice to the defendant for payment of Rs. ....................the amount of loan guaranteed by him along with interest as settled. But the defendant has failed to comply with the notice.

4.   That cause of action arose on .................... 20.................... when .................... failed to repay the loan amount with interest, which was the extended date for repayment thereof and secondly, when the defendant received notice on .................. 20 ....................

5.   That the suit is valued at Rs. ............., the amount of loan guarantee by the defendant and interest as settled and court-fee is paid according to the relief claimed.

 

 

 

 

 

 

 

 

 

 

 

RELIEF CLAIMED[CD2] 

 

 

The plaintiff claims payment of Rs. .................. the amount of loan guaranteed and Rs. ................. the amount of interest upto the the date of filing the suit, and interest thereafter till payment of the loan amount.

 

Plaintiff

Through

Advocate

 

 

 

VERIFICATION[CD3] 

 

I, abovenamed plaintiff, do hereby verify that the contents of paras ................... to ................... of the plaint are true to my personal knowledge and the of paras ...................and ................... thereof are based on legal advice which I believe to be true.

 

Verified on this ................ day of ................... 20 .................. at ......

 

Plaintiff

 

 [CD1]SUIT FOR PAYMENT OF LOAN FROM GUARANTOR OF THE DEBTOR.

 

 [CD2]RELIEF CLAIMED

 

 [CD3]VERIFICATION