By RPAD/By E-Mail
Date: ____________________
To,
____________________
____________________
Subject: Legal Notice for Money Recovery and Demand for Payment
Sir/Madam,
I write this under instructions from and on behalf of my client, ____________________, who is ____________________ at ____________________. I hereby serve you with the following legal notice in unequivocal terms in connection with your failure to repay the outstanding dues owed to my client arising out of a Credit/loan facility extended to you on or around ____________________.
As per the mutually agreed terms, you were obligated to repay the loan amount in a timely manner. However, despite repeated requests from my client, the full amount remains unpaid. The total amount now due is ____________________.
My client has made several attempts to contact you to resolve this issue amicably, but you have failed to respond or make payment. Consequently, my client is constrained to initiate legal action to recover the outstanding dues.
Through this legal notice, I hereby demand that you remit the full amount of ____________________ within FIFTEEN (15) days of receipt of this notice.
Your failure and unwillingness to repay the legally due amount has caused considerable financial and mental hardship to my client. Your conduct amounts to breach of trust, financial misconduct, and an attempt to unjustly enrich yourself at the expense of my client.
Should you fail to comply with the above demand within the stipulated time, my client reserves the right to initiate appropriate legal action under civil and/or criminal laws, including but not limited to filing of a police complaint/FIR, without further notice. My client shall also claim legal costs and other charges incurred in the recovery process.
Kindly send your reply and any future correspondence to ____________________. A scanned copy may also be emailed to ____________________.
(Advocate)