LEGAL NOTICE FOR RECOVERY OF MONEY DUE
Chandigarh, 2 April 2026
Through: Amarjit Singh, Advocate, Punjab & Haryana Bar Council Enrolment No. P/1234/2010, Chamber No. 62, District Courts, Sector 43, Chandigarh 160043
To,
Vikram Sethi
House No. 214, Phase 4, S.A.S. Nagar (Mohali) 160059
(the "Recipient")
This is a legal notice on behalf of Rajinder Kumar Sethi, of House No. 1451, Sector 33-D, Chandigarh 160020 (the "Sender"), sent through the advocate named above, addressed to the Recipient as follows.
- 1. THE DEBT
1.1 The Recipient is indebted to the Sender in respect of money lent by the Sender to the Recipient under a loan.
1.2 Particulars: Loan Agreement between Friends and Relatives dated 4 March 2026, Loan Amount Rs 3,00,000 disbursed by bank transfer on 5 March 2026, repayable in full by 4 March 2027, of which no part has been repaid.
1.3 The principal amount due from the Recipient to the Sender is ₹3,00,000 (Rupees Three Lakh only), which became due for payment on 1 April 2026 and remains unpaid to date.
- 2. INTEREST
2.1 no interest is claimed, only the principal amount stated above.
- 3. AMOUNT NOW DEMANDED
3.1 The total amount now demanded from the Recipient, being the principal amount together with interest claimed to the date of this notice, is ₹3,22,500 (Rupees Three Lakh Twenty Two Thousand Five Hundred only).
3.2 The Recipient is called upon to pay the amount stated in clause 3.1 to the Sender within 15 days from the date of this notice, failing which the Sender will be constrained to take further steps without any further notice to the Recipient.
3.3 Payment may be made to: Rajinder Kumar Sethi, A/c 003456781234, State Bank of India, Sector 34 Branch, Chandigarh, IFSC SBIN0004321.
- 4. CONSEQUENCES OF NON-COMPLIANCE
4.1 If the amount demanded is not paid in full within the period stated above, the Sender will be entitled to institute civil proceedings for its recovery, together with interest and the costs of those proceedings, without further reference to the Recipient.
4.2 Where the debt described above arises on a written contract, a promissory note or a bill of exchange, a suit to recover it may qualify for the summary procedure under Order XXXVII of the Code of Civil Procedure, 1908, under which the Recipient would need the leave of the court to defend the suit at all.
4.3 This notice is issued without prejudice to any other right or remedy available to the Sender, whether under this notice or otherwise, all of which are expressly reserved.
- 5. HOW THIS NOTICE IS SENT
5.1 This notice is being sent to the Recipient by registered post with acknowledgement due, at the address stated above.
- 6. JURISDICTION
6.1 Any proceeding to recover the amount demanded by this notice will be filed in the courts at Chandigarh, without prejudice to any other forum in which the Sender may be entitled to proceed.