By registration acknowledgement due
Reference no – 55 Date – 12/12/2022
To,
k. Anush kumar ,
H NO – 1-109/2/458, antiquity building,
Street No.2, blue whale colony, Hyderabad,
Mobile No – 9912344132
Sub: – Notice under Section 138 of the Negotiable Instruments Act 1881 for Cheque Dishonoured due to insufficient funds,
Dear Sir,
Under instructions and authority from my client R.Nikhil Kumar Goud , S/o .R.Ashok Goud , r/o Lalaguda,Hyderabad, do hereby serve upon you the following notice under Section 138 of the Negotiable Instruments Act,1881.
- That your business concern M/s BRS ENTERPRISE, had purchased from my client goods, vide invoice no. 1926 for Rs. 5,00,000.
- On delivery of goods above mentioned, you issued a cheque bearing no. 3758164, dated : 1/12/2022 for Rs.5,00,000 drawn SBI Bank, Mallapur.
- That when the aforesaid cheque was presented by our client R. Nikhil Kumar goud to your Bankers and the same was returned unpaid by the Bank with the remarks/reasons “Insufficient Funds”.This fact was brought to your notice by our client on 2/12/2022.
- That in reply to our client’s letter, you sent a letter dated on 5/12/2022 requesting him to deposit the cheque again with a banker and assured him that they will be cleared this time.
- My client again presented your above-mentioned cheque with its bankers, this time again cheque was returned unpaid by the bank due to insufficient funds.
- That thereafter in spite of many telephonic reminders and personal visits by the representative of our client to your office, you failed to make the payment due to our client.
- That on account of the above facts, you are liable to be prosecuted under section 138 of the Negotiable Instrument Act, 1881 as amended up to date under which you are liable to be punished with imprisonment which may extend to one year or with fine which may extend to twice the amount of cheque or with both.
- Under the circumstances, we call upon you to make the payment of Rs.5,00,000, being the principal amount of the aforesaid cheque along with interest @10 % per annum till the time of actual payment within a period of 20 days from the date of receipt of this notice, failing which we will be bound to take further necessary action under the provisions of Negotiable Instrument Act, 1881 against you in the competent court of law at your risk and cost.
A copy of this legal notice is retained in my office for record and further necessary action.
Sd/- Signature of client-
Boini Sai Akhil , ADVOCATE R.Nikhil Kumar Goud