Every lawyer needs to know how to draft Legal Notice for recovery of money. If some other party doesn’t recover the money of any company, firm, or bank for any reason at that time the only solution is the legal notice.
Once legal notice gets sent to the party who has recovered the amount at any cost he needs to recover the mentioned amount in the notice up to the mentioned date.
Sometimes matter gets resolved itself in the first step of notice, it doesn’t need to proceed to court. For this reason, legal notice takes very much value for recovering money. In this article, we will get to know all the details about how to draft and information about legal notice for recovery of money.
Why it is Mandatory to Draft Legal Notice for Recovery of Money?
All the drafting procedure of legal notice is done by a lawyer. A lawyer of the firm or company Bank writes a draft of that recovery money to the party that is a liability. It is necessary to recover the amount and also the bank or firm has to get recover the amount of the debtor or person who hasn’t recovered the money.
Sometimes, apart from the Bank and Firm employee of any company doesn’t get a salary or remuneration at that time also employee has the right to issue legal notice against that company. To get resolve the matter of recovering the money of any person drafting a legal notice is mandatory.
Legal Drafting Format
- Legal notice format for recovery of money
Following is the example of recovery money legal notice format
Ref. No……………. Dated _______
Registered Advocate
SUB.: LEGAL NOTICE
To,
_____________ (Name of Company)
Dear Sir/Madam,
According to the instructions from and on behalf of my client ___________________, resident of _____ through its _____________, I do hereby serve you with the following legal notice:
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- My client is a ___________ firm/individual / Company under the name and style of M/s ______________________.
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- That my client is engaged in the business of __________ of the ___ etc.
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- My client has done your work on a credit basis from time to time against your valid and confirmed orders as you have a current credit account in my client’s books of accounts operating during the proper period of the business.
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- My client has raised bills for every work done for payment, even though my client have acknowledged such bills.
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- That despite admitting the liability of the principal balance of ₹ _________/- you have grossly failed to pay the amount due to my client willfully on purpose, hence you are liable to pay this principal balance ₹___________/- amount with interest @ __% p.a. From the date of payment until the actual receipt of the amount is generally and prevailing in trade usages, which comes to ₹ _________/-
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- You are hereby liable to pay the total amount of ₹ ________/- to my client and my client is entitled to recover the same from you.
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- You have to pay the whole amount to my client in any way whichever you want within a clear 30 days from the date of receipt of this notice, Failure to do so my client has expressly instructed me to institute civil as well as criminal suit and various other proceedings against you for recovery in the competent court and in that case you shall be solely responsible for the same.
for a office records, one copy of this notice is kept in my office.
(____________)
ADVOCATE
This one is a sample legal notice for recovery of money. It is necessary to know about the legal drafting format while drafting a notice. Now, On the internet, you can download the legal notice format for recovery of money pdf. It is a draft legal notice for recovery of money.
Legal notice format for recovery of salary
Ref. No……………. Dated _______
Registered Advocate
SUB.: LEGAL NOTICE
To,
_____________ (Name of Company )
Dear Sir/Madam,
By order and on behalf of my client ………………, who is a resident of ……………………. I hereby give you legal notice:
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- That you give notice, the appointment of my client ………….. …………………….. through the mail with offer letter to my client Salary Rs. 30000/- per month. And my client joined your office on date of ………….
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- That my client is a very hardworking employee and has performed her duties and integrity has created a good reputation in our esteemed organization. My client did his duties properly. You issued the offer letter (hard copy) in the name of my client and printed the visiting card in the name of my client.
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- Then suddenly ………………..when my client went to the office you notice suddenly refused my client to attend her duty and you, the notice holder told my client without any hesitation that she is no more required in the office. You, Notice, terminated her without any reasonable cause or in an illegal manner. You, the notice holder have also not fulfilled the terms of the employment contract. Contractually, you, the notice holder, are required to give my client a one-month notice period before termination of services.
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- In terminating the services of my client, you, the notice holder, have not paid ………… month’s salary and as per the employment contract, my client is also required to pay one month’s additional salary.
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- I, therefore, call you through this Notice, to make the payment of the Rs. …………………/- to my client along with interest, within 15 days, failing which my client has given clear instructions to take appropriate legal action against you in the competent court of law and you will be fully responsible for all costs, expenses, and consequences thereof. Please note well.
For a office records, one copy of this notice is kept in my office.
(____________) ADVOCATE
This format is also a draft legal notice for recovery of money.
Format of legal notice for recovery of Payment
Ref. No……………. Dated _______
Registered Advocate
SUB.: LEGAL NOTICE
To,
_____________ (Name of opposite party)
Dear Sir/Madam,
By order and on behalf of my client ………………, who is a resident of ……………………. I hereby give you legal notice:
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- My client is carrying on business at________.
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- My clients started winding down their business towards the end of the financial year 2020-21 and after having some unsold material left, approached you to purchase it.
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- As you are a long-time supplier of my client’s business, agreed to buy back the stock at a cost price, valued at around Rs. ______/- Accordingly, based on mutual understanding, my client sent the stock by courier on 15.08.2020 which was delivered to you at your business address.
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- After that, my clients promised on a mutual understanding that you would pay for the stock sold to you within 90 days. Subsequently, you have failed to pay my client’s legal dues on several occasions and have been in default for over a year.
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- My clients say they are generous yet diligent in your follow-up, but your attitude has deteriorated over time. Finally, my clients say that when you were confronted on 25.04.2022 regarding payment, you refused to give a concrete answer and since then you cut off all means of communication.
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- A contract between you and my client constitutes a legally enforceable contract where time is of the essence. Your offending approach and subsequent rejection are patently illegal and unfair, and you are responsible for fulfilling your obligations on behalf of my client on time.
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- Your conduct has led my clients to believe that you acted in bad faith and misappropriated the stock delivered to you in good faith. My client understands that your fraudulent behavior was due to my client’s urgency to dispose of the unsold stock and that you never intended to pay for it.
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- I, therefore, call upon you by this notice to make a payment of Rs. ………………. Responsible for all costs, risks, obligations, expenses, and consequences thereof. Please note carefully.
For a office records, one copy of this notice is kept in my office.
(____________)
ADVOCATE
In the law field, it is important to about drafting. So, the draft legal notice for recovery of money is very important.
Significant General Principles of Drafting
Satisfactory drafting of an outline
A draft is the skeleton of a document. This statement tells us that the draft prepared should be extensive and covers all important points. In short, the draft should be
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- Be as detailed as possible
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- Don’t be vague
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- Able to satisfy considerations of relevance, content unity, chronology, and coherence.
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- Each paragraph should be from point to point.
draft legal notice for recovery of money is essential most in banking cases.
Emphasis on the presentation of facts
Deep emphasis should be placed on how the facts of the case are presented. The facts arranged in the draft should be step by step which reflects the all-organized analysis of the problem. It must be uniform and have consistency in the presentation.
Physical Specifications
A draft should be typed on standard quality paper (20 by 30 cm) with 4 cm spacing. above and on the left side and 2.5 to 4 cm. Right side and bottom.
It is necessary to know why should draft legal notice for recovery of money. What is purpose of that notice.
Most Frequent Asked Question
What is drafting in law?
Drafting, in the legal sense, means contracts, agreements, deeds, etc. The act of preparing a legal document. Without fully understanding and accepting the relationship between law, facts, and language, the draft cannot be properly understood. Notice like draft legal notice for recovery of money is also an example
What is legal drafting?
Legal drafting is a method of preparing well-organized documents such as pleadings, memorandums, contracts, wills, statutes, etc. parties get legally binding to such documents. Such documents are commonly called legal drafts.
How to write a legal notice for a draft legal notice for recovery of money?
To write a legal notice in India following information must contain,
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- The name of the party, address of the party, and contact information of the person or company sending the notice.
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- A clear description of the issue or problem.
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- All explanations of why the notice is being sent to the party.
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- A request for help or a request to take a specific action.
How can I write a draft legal notice for recovery of money?
therefore I hereby advise you finally to my client Rs. [Principal Amount]/-. with future interest @ [interest rate] % p.a. From the date of notice till actual recovery of the said amount, including notice fee of Rs.
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