Q: Draft a notice by an individual regarding Dishonour of Cheque ?

Ans:

 A Notice by an individual regarding Dishonour of Cheque 
(To be sent within thirty days of the receipt of information from the bank regarding the return of the cheque as unpaid) 


From .....................................
 ......................................


 To ......................................
 .................................... 


Sub: Dishonour of Cheque
 Dear Sir, 

1. By this notice I like to inform you that your cheque No. ....... dated ........... for Rs. ......... (Rupees.........) drawn on................ issued by you in discharge of your liability to pay the aforesaid amount of money on account of goods having been supplied to you aide invoice No ............ dated ........... has been returned back to me by your banker with the remarks “Refer to Drawer” owing to insufficiency of funds in your account and since your having failed to arrange for its payment, this cheque has been returned to me by my banker,  namely .............. on .............

 2. That you are required to take a notice of demand under section 138 of the Negotiable Instruments Act, 1881 and to pay the whole amount of the cheque within a period of 15 days from the receipt of this notice failing which you shall become liable to be prosecuted under the penal provisions of the said section. 

3. You are further required to note that if you fail to make the payment, you shall do so at your own responsibility and shall be liable for legal action both under the civil as well as under the criminal law applicable as on date. You are further liable for the cost of this notice. 
Copy retained. 

Place: ........................... 

Date:............................ 

Yours faithfully, 

Signature

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