Date: ____________
To:
Mr./Ms./M/s. ____________________________
Address: ________________________________________________________
Subject: Statutory demand notice under Section 138 of the Negotiable Instruments Act, 1881 in respect of dishonoured Cheque No. __________ dated __________ for ₹__________.
Sir/Madam,
Under instructions and on behalf of my/our client, M/s./Mr./Ms. ____________________________, having address at ________________________________________________, I/we hereby serve upon you the following statutory notice:
1. That you had dealings/transactions with my/our client in relation to ____________________________________________________________, pursuant to which an amount of ₹____________ became legally due and payable by you to my/our client.
2. That towards discharge, in whole or in part, of the aforesaid legally enforceable debt/liability, you issued Cheque No. ____________ dated ____________ for ₹____________ (Rupees ________________________________ only), drawn on ________________________________ Bank, __________________ Branch, in favour of my/our client.
3. That my/our client presented the said cheque for encashment through ________________________________ Bank within its validity period.
4. That the cheque was returned unpaid by the bank vide return memo dated ____________
with the reason stated as "____________________________".
5. That information regarding dishonour was received by my/our client on ____________. Despite the liability remaining outstanding, the cheque amount has not been paid.
6. Accordingly, through this notice, you are hereby called upon to pay to my/our client the cheque amount of ₹____________ (Rupees ________________________________ only) within 15 days from the date of receipt of this notice.
7. In the event you fail to make payment of the aforesaid cheque amount within the statutory period, my/our client shall be entitled to initiate appropriate proceedings under Section 138 and other applicable provisions of the Negotiable Instruments Act, 1881, before the competent court, at your risk as to costs and consequences.
8. This notice is without prejudice to my/our client's other lawful civil or statutory remedies for recovery of amounts, interest, damages or costs, if independently available on the facts and under applicable law.
You are therefore advised to comply with the above demand within the statutory period and avoid further legal proceedings.
A copy of this notice and proof of dispatch are retained for record and future proceedings.
Yours faithfully,
____________________________
Advocate / Authorized Legal Representative
For and on behalf of ____________________________