Sir,
I want to make settlement with icici bank in respect of credit card payment the bank give me following settlemet letter i want to know whether the letter is proper so that i would not have face any legal precedding in future i will be thank full if your godself suggest me any other things in this regard.
Date : 11/06/2009 Ref : ICNO1DEL/062009/9328/2
Private & Confidential
Santosh Kumar Jha
Shanti Construction P ltd
S2 Gate No-1 Badli Ind. Area-1
Delhi
Sub : Settlement of dues on ICICI Bank Credit Card Account # 4477468607818007
Dear Sir/Madam:
This refers to your discussion with the representative of the bank.
In View of the exceptional circumstances as explained by you, we confirm the acceptance of Rs.27,000/- (Twenty Seven Thousand Only) in 2 (two) monthly installments as full & final settlement on the above mentioned card account by cash/cheque.
REPAYMENT PLAN 1st instalment of Rs. 13500 payable on 14/06/2009 , (cash)
2nd instalment of Rs. 13500 payable on 07/07/2009
The above full & final settlement is being granted on a one-time basis without setting any precedent and timely payment is essence of this settlement offered to you.
Should any cheque issued after the date of settlement letter be dishonoured or amount of any installment is not paid within aforesaid due dates, the above settlement would stand null & void, and you would be liable to pay the entire revised outstanding as per the current status.
This communication is expressly in reference to the above card account only and is strictly confidential.
Yours Faithfully,
For ICICI Bank Ltd
Authorized Signatory Received & Accepted
(Vineet Tangri ) (Santosh Kumar Jha)
Dated : ____/___/___
I am in urgent need of fallowing caselaw of Supreme Court
(2005) 1 SCC 705
ATMARAM PROPERTIES LTD vs. FEDERAL MOTORS LTD
unfortunatly I am not having the SCC so please help me if you have this caselaw; post (plz send it also at: jainodin@gmail.com) in .doc or .pdf format.
Thanks in advance!
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