Respected Members,
A friend had requested services of a Placement agency on payment of an amount for a job on a promise that if the placement firm does not place within a period of time, the money will be refunded.
A post dated cheque was issued to him dated same as the end of the aforesaid period as a security.
I would kindly like your help to know the following in case of non fulfillment of promise:
1. Whether it is required by law to give a notice to the Placement agency before encashing the Security Cheque?
2. If yes, how many days before should the notice be sent?
3. Is notice by Email & SMS to the Director admissable for the same? (Any format of message, if possible)
Any other info which I may be missing out.
Thank You in advance.
Regards.
