Notice under section 138 in the negotiable instruments act
Querist :
Anonymous
(Querist) 28 May 2020
This query is : Resolved
Dear Experts ,
I have given a loan to one of my friend , Loan Agreement (Notary) is also made with terms and conditions.
He has given Post Dated Cheques , 3 payments are cleared by him , but now he is giving excuses for other pending payments.
All cheque details with cheque numbers are written in Loan Agreement .
I am going to submit 5 pending cheques and I am 100% sure they will be bounced.
My Question to experts , for first instance can I my self send notice under Section 138 in The Negotiable Instruments Act, for payment of dues ?
If yes can you please help me by providing a very strong wording for the notice.
Best Regards
Raj Kumar Makkad
(Expert) 28 May 2020
This is your repeated query. The earlier one has already been attended so confine to that thread.
