Cheque Return Legal Notice

Sample Cheque Return Letter to Customer with legal Action Notice in India in word/ .doc Format

RSL/LEGAL/13-14/
July 28, 2013
SPEED / REGD POST WITH A/D
ABC Corporation
14/1 T N Road
Mumbai – 458 545

Dear Sir,

Sub: Notice against dishonour of Cheque No. 011111 and 022222 dtd. 14.07.2013 for Rs.100000/- and 200000 /-  respectively drawn on ICICI Bank Limited, Mumbai Khapoli Branch, 14/1 N S Road,

With reference to the above, we bring to your notice that a sum of Rs.300000/- (Rupees Three lacs Only) is outstanding as on date.

You had paid a sum of Rs.300000/- (Rupees Three Lacs Only) against the outstanding amount of Rs.300000/- (Rupees Three Lacs Only) by issuing Cheques bearing No.011111 and 0222222 dtd. 14.07.2013 for Rs.100000/- and 200000 /- respectively drawn on ICICI Bank Limited, Mumbai Khapoli Branch, towards collection from your account. The said Cheques were deposited by us in our bank namely SBI, Nariman Point Mumbai on 16.07.2013.

We regret to inform you that the above cheques have been returned unpaid on 16.07.2013 with the remarks "Insufficient Funds" as per advice received by us from our Banker on 16.07.2013, Copy of the Cheque Return Memo is enclosed herewith for your reference.

You will certainly appreciate that dishonour of cheque is not a good business practice and tarnishes your business image. We would request you that in the interest of maintaining your goodwill, you must pay the entire amount due to us.

Further, we hereby demand for payment of dishonoured cheque amounting to Rs. 300000/- in terms of Section 138 of the Negotiable Instrument Act, 1881. Please note that in case you fail to make the payment of the aforesaid amount within 15 days on receipt of this notice, we reserve our right, without further reference to you, to take recourse to the provision of Section 138 of the Negotiable Instrument Act, 1881, the penalty for which includes imprisonment for a term extending to one year or with fine which may extend twice the amount of cheque or with both.

This is without prejudice to any of our right and contention.

Thanking you,

Yours faithfully,
for ROCKET SALES LTD.



NEETU SINGH
GENERAL MANAGER - FINANCE

Encl. As above

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