Legal Notice for Loan Recovery format

 

Loan recovery legal notice 

In the name of ALLAH, the most beneficent, the most merciful

 

To,

Zaheer Mughal Gujar

R/O Morha Timber,  Post Office Khas, Tehsil Gujar Khan, district Rawalpindi

         

LEGAL NOTICE

Respected Sir,  

 

I have been instructed by my client Zafran Ahmed Khan son of Ajmair Khan, holding CNIC No. 37405-0000000-7 resident of  House No.1, Street No. 34, Adyala Corporation, Rawalpindi to serve you with the instant legal notice:-

1.                 That on 05-10-2019, you took an amount of Rs. 60,000/- from my client as loan at your shop namely Rana Al-Saeed Jewellers, Jawa Road Rawat in the presence of witnesses namely Farhan Ahmed and Rehan Alam, which you acknowledged by way of issuing a Receipt signed and stamped by you. You  promised to return the loan amount on or before 05-10-2020 but despite of repeated you did not return the amount to my client.

2.                 That now you have left the shop and shifted to Morha Timber,  Post Office Khas, Tehsil Gujar Khan, District Rawalpindi and also not  attending the telephonic calls of my client.

 

Therefore, you are hereby directed to pay the actual amoutn of loan of Rs. 60,000/- along with counsel fee of Rs. 20,000/-, total Rs. 80,000/-,  within 15 days after receipt of this legal notice, failing which my client shall be at liberty to initiate legal proceedings against you at your own risk and costs.

Yours,

 

Zahid Khan Gujar

 

Advocate High Court

Note: A copy of this legal notice is retained in my office for further necessary legal action and proceedings.

Counsel