Introduction Legal notice for recovery of money is a crucial part before taking legal action against the opposite party. By sending that notice, an aggrieved party ensures that the demand notice was served to the party with the reason; however, the amount was not paid to you. And you have a particular cause of action […]
Question: Will demand notice be faulted if any other sum is indicated in addition to the said amount u/s.138 (b) of N.I. Act? The answer is no. According to the provision of The Negotiable Instrument Act,1881, Section 138 (B), the answer deals with the demand notice that the chequeholder gives. When we read Clause (b) […]