Notice by an advocate on behalf of a leasing and financing company for the issue of post dated cheques which on their presentment got dishonoured, to a company/lessee -Plant and machinery loan-

Updated atDecember 2009

Name: ........................

........................

Office: ........................

........................

Residence: ........................

........................

Date: ........................

Regd. A.D./U.P.C

To

  1. ...................................... (Lessee)

    .......................................

    .......................................

  2. Name .............................(Managing Director)

    .......................................

    .......................................

  3. Name .............................(Concerned Officer)

    .......................................

    .......................................

  4. Name .............................(Signatory Officer)

    .......................................

    .......................................

  5. Name .............................(Guarantor)

    .......................................

    .......................................

    Subject: Dishonour of Cheque

    In Re .......................

    Sir,

    For and on behalf of my client(s) M/s. ............................... (Name and address of the leasing and financing company), I have to serve you with the following legal notice:

  6. That as you know that my client(s) are running the business of leasing and financing of the equipment and motor vehicles.

  7. That you have been getting financed a number of vehicles including the plant and machinery for your business proposes from my client(s) since.......... (give the date of first dealing or the estimated period of relationship) and due to the faith my client(s) reposed in you, they started allowing you the financing of your equipment and motor vehicles (commercial as well as non-commercial) on the basis of issue of post dated cheques with a Bond of Surety from your side to take the guarantee for the payment of instalments (hereinafter called the guarantor).

  8. That besides other things for which you have paid for, you got financed the plant and machinery with the following description:

    Invoice No. Date of Invoice Description Amount
    (i) ............... ............... ............... ...............
    (ii) ............... ............... ............... ...............
    (iii) ............... ............... ............... ...............
    (iv) ............... ............... ............... ...............
  9. That against the above mentioned purchase of financed plant and machinery, you have issued the cheques which were payable as against the...

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