![]() In this process of money recovery, legal notice plays a pivotal role.Ī Legal notice for recovery of money is an official intimation between the parties, which is sent by the deprived party, warning the other before any legal action is initiated to get the due payment. For the purpose of recovery of money, a suit can be filed relating to the money recovered under Order 37 of CPC 1908. Sending a legal notice for recovery of money is considered to be the first step since most of the time, the money recovery cases get resolved in this very first stage itself, and the deprived person does not necessarily need to proceed to the Court. ![]() The first step in the process of money recovery is to send a legal notice to the defaulter. The money recovery includes acts like a collection of due debts, dues receivable, and/or handling of bounced cheques.įor more information, please contact us on or call us Mb. In case of default in payment or when a dispute arises where a person has to recover the debt which is due to the defaulter, a legal remedy is available to that person. In this blog, we will learn about sending of legal notice for recovery of money and format for legal notice for recovery of money ![]() FORMAT OF LEGAL NOTICE FOR RECOVERY OF MONEY ![]()
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