Notice under section 138 in the negotiable instruments act
Querist :
Anonymous
(Querist) 28 May 2020
This query is : Resolved
Dear Experts ,
I have given a loan to one of my friend , Loan Agreement (Notary) is also made with terms and conditions. He has given Post Dated Cheques , 3 payments are cleared by him , but now he is giving excuses for other pending payments. All cheque details with cheque numbers are written in Loan Agreement .
I am going to submit 5 pending cheques and I am 100% sure they will be bounced.
My Question to experts , for first instance can I my self send notice under Section 138 in The Negotiable Instruments Act, for payment of dues ?
If yes can you please help me by providing a very strong wording for the notice.
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