Legal Notice for Recovery of Money
WITHOUT PREJUDICE
Date: [Date]
To,
[Recipient name],
[Full address]
Subject: Legal notice for recovery of Rs. [Amount] with interest.
Under instructions from and on behalf of my client, [Sender name], resident of [address], I hereby serve you with the following legal notice:
1. That my client, on [date], advanced a sum of Rs. [Amount] to you as a friendly loan / advance, the receipt whereof you duly acknowledged in writing / before witnesses.
2. That you promised to repay the said amount within [period], but despite repeated oral and written reminders you have wilfully failed and neglected to repay the same.
3. That your conduct amounts to a default on a legally enforceable debt, entitling my client to recover the principal together with interest at [rate]% per annum under the Interest Act, 1978, and to sue for recovery under the provisions of the Code of Civil Procedure, 1908.
4. I therefore call upon you to pay my client the sum of Rs. [Amount] together with accrued interest within 15 days of receipt of this notice, failing which my client shall be constrained to institute a civil recovery suit against you at your risk as to costs and consequences.
[Advocate name], Advocate
Counsel for [Sender name]
[Enrolment No. / Address]