Srs Limited — payment of matured fdrs - cheques issued - dishonoured (4) pending 2

Address:

Faridabad, Haryana

Subject: payment of bounced cheques (4) and remaining (2) against matured fdrs

Dear madam,

As per mutual consent, the srs ltd. Had provided me post dated cheques (Pdcs) drawn on axis bank limited towards fixed deposit made vide various fdrs, as per details given hereunder:

Sr. No. Fdr no cheque no. Dated amount
1. 10100 566806 25.10.17 36, 972
2. 566807 25.11.17 30, 299
3. 10884 566808 25.12.17 31, 577
4. 566809 25.01.18 25, 249
5. 10885 566810 25.02.18 65, 411
6. 566811 25.03.18 50.451

I presented cheque at sr. No.1 on 25th october, 2017 and cheques at sr, no.2, 3, & 4 on 21.2.2018 to my bankers (Bank of india) which were got bounced by them with the remarks “funds insufficient” on 26.10.17 and 22.2.18 respectively and accordingly and they have charged rs.285 and rs.885/- as bouncing of cheques. (Photocopies of the returned cheques and return memos and payment of bouncing charges are attached for your easy reference).

In this connection, it is pertinent to mention that on bouncing of cheque on 26.10.2017 for rs.36, 972, i informed the company and explaining my circumstances requested for payment of the same but with no result. On a number of occasions, i was assured that the company is arranging funds and i need not put the cheques in the bank. Uptil now i was co-operating and managing my affairs but my prevalent circumstances are not allowing me to wait any more.

You are now requested to make the immediate payment (Through rtgs) of –
A) bounced cheques at sr.1, 2, 3, & 4
B) payment of interest for the delayed period from the due date till the date of payment
C) bouncing charges (Stated above); failing which i will initiate criminal proceedings against the company, signatory to the cheques and other concerned senior management persons as contemplated u/s 138 of the negotiable instrument act, at your risk and cost.
D) payment of cheques at sr. No. 5 & 6 lying with me.

This is for your information and prompt compliance, pl.
Yours faithfully,

Rita singhal
[protected]