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Can I read Legal Notice for Loan Default on EtoBox?

Legal Notice for Loan Default by Cyma Phone is a document available to read on EtoBox.

What is Legal Notice for Loan Default about?

This legal notice is from a lawyer representing M/S. DATSON EXPORTS LTD regarding a loan taken by the recipient. [1] The recipient took a loan of Rs. 30,000 from DATSON EXPORTS LTD but failed to repay it by the due date of May 2nd, 2022. [2] As a result of interest and late fees, the outstanding amount owed is now Rs. 39,630. [3] The recipient is being given 15 days to pay the full amount owed or face legal action under Section 138 of the Negotiable Instruments Act for dishonoring the loan transaction.

Author
Cyma Phone
Language
EN

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