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Legal Notice 505861 SL5276975335

This notice invites the recipient to a conciliation meeting regarding an outstanding personal loan. The notice states that the recipient has failed to adhere to the payment terms of their personal loan from Upmove Capital Private Limited/SmartCoin Financials Pvt Ltd, with an outstanding balance of Rs. 8250. The bank is offering a conciliation proceeding on October 4th, 2022 to explore an amicable settlement before pursuing legal action. The recipient is requested to attend the online conciliation meeting on the specified date and time to cooperate with the bank in clearing the outstanding dues, in order to improve their credit history and avoid prolonged litigation.

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sourabh khandagre
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888 views2 pages

Legal Notice 505861 SL5276975335

This notice invites the recipient to a conciliation meeting regarding an outstanding personal loan. The notice states that the recipient has failed to adhere to the payment terms of their personal loan from Upmove Capital Private Limited/SmartCoin Financials Pvt Ltd, with an outstanding balance of Rs. 8250. The bank is offering a conciliation proceeding on October 4th, 2022 to explore an amicable settlement before pursuing legal action. The recipient is requested to attend the online conciliation meeting on the specified date and time to cooperate with the bank in clearing the outstanding dues, in order to improve their credit history and avoid prolonged litigation.

Uploaded by

sourabh khandagre
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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SPEED POST/REGD.

POST/EMAIL
CONCILIATION NOTICE

Reference No. SL5276975335/conciliation_notice/1818495/6 Date : 04 October, 2022


To,
KHANDAGRE SOURABH
33 A, Nimad Nagar, Itawa,, Dewas

Dear Sir/Madam,

SUB: Invitation to conciliation as per Section 62 of the Arbitration and Conciliation Act, 1996 against your Personal Loan
facility no. SL5276975335.

Pursuant to loan issued to you by Upmove Capital Private Limited via SmartCoin Financials Pvt Ltd (The Service
Provider), having a branch office at Indiqube Gamma, No.293/154/172, 1st Floor, Outer Ring Road,
Kadubeesanahalli. Bengaluru, Karnataka - 560103, we hereby serve upon you the above named addressee,
the following notice/offer for conciliation:-

You had availed a Personal Loan facility from our client. However you have, failed/avoided to adhere to the financial terms
of the payment and your account is overdue. The total balance outstanding on your Personal Loan facility no.
SL5276975335 is Rs. 8250/- and this needs to be addressed/paid immediately.

Our Client would like to draw your immediate attention to the balance that is currently overdue on the above mentioned
Personal Loan. Our bank being a customer friendly bank has informed and taken a decision to meet customers who have
outstanding dues on one to one basis and settle the dues and to provide an opportunity to all of it’s customers who have all
the good intention to pay their legally payable liability. As such before initiating any legal action, our client intends to explore
the possibility of a settlement, through the process of Conciliation and accordingly intends to refer the dispute to, KS Legal
& Associates, who would act as a Conciliator, for an amicable Settlement.

This is to inform you that our Client is holding conciliation proceedings (Alternate Legal Proceeding) to the Personal Loan
outstanding payable by you. The conciliation proceedings will be held https://meet.google.com/taw-mgug-gtp on
Oct. 4, 2022 at 5 pm to 7 pm

We would request you to kindly co-operate with us by attending the conciliation proceedings wherein the competent officer/s
of the Bank / Our Client shall be present and accordingly, would act for an amicable settlement.

We wish to reiterate the importance of maintaining a good credit history with the bank. An immediate payment of the overdue
balance amount will help you to maintain the same by clearing the dues towards Personal Loan. You will be able to improve
your credit history in CIBIL.

F-21, Manek Mahal, 90 Veer Nariman Road, Next to Ambassador Hotel, Nariman Point, Mumbai- 400020 Email: [email protected] Contact: +91-
1 9028457089
Please note that if you fail to attend the conciliation proceedings and co-operate with the bank in clearing/settling the
account, the bank will have no other choice but to take an appropriate Legal action to recover its dues. We are sure that you
would not like to go in for a prolonged litigation.

Yours Faithfully,
For KS Legal & Associates

Sonam Chandwani
Partner

F-21, Manek Mahal, 90 Veer Nariman Road, Next to Ambassador Hotel, Nariman Point, Mumbai- 400020 Email: [email protected] Contact: +91-
2 9028457089

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