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Legal Notice

This legal notice informs Ajay Rawat that he has defaulted on his ring pay loan from Si Creava Captial Services Pvt Ltd. The notice states that as per the loan agreement, Ajay agreed to make timely payments but has failed to do so, with an outstanding amount of Rs. 23050.94 as of March 29, 2023. Ajay is committing default under the loan agreement by not making repayments. The notice calls on Ajay to pay Rs. 11342.96 immediately to avoid further penalties and considers this the final notice, warning that he may ignore it at his own risk and cost.

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Ajay rawat
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1K views2 pages

Legal Notice

This legal notice informs Ajay Rawat that he has defaulted on his ring pay loan from Si Creava Captial Services Pvt Ltd. The notice states that as per the loan agreement, Ajay agreed to make timely payments but has failed to do so, with an outstanding amount of Rs. 23050.94 as of March 29, 2023. Ajay is committing default under the loan agreement by not making repayments. The notice calls on Ajay to pay Rs. 11342.96 immediately to avoid further penalties and considers this the final notice, warning that he may ignore it at his own risk and cost.

Uploaded by

Ajay rawat
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Legal Notice

Dear AJAY RAWAT

We, Si Creava Captial Services Pvt Ltd. having its registered office at 27,
BKC C 27, G Block Bandra Kurla Complex, Bandra (E) Mumbai–400 051
write to you as follows.

This is in reference to the Loan Facility (herein after termed as


“Facility”) bearing account no. 2387549286 availed by you from Si
Creava Captial Services Pvt Ltd for financing of ring pay loan. We wish
to bring to your notice that you have agreed to certain Terms &
Conditions as per the Loan Agreement/Loan Application while availing
the above mentioned Facility from Ring finance.

As per the terms and conditions of the agreement, you have agreed to
make all the payments in due time. You have however, deliberately
failed / avoided to adhere to the terms of the payment and your
account is overdue. As you have failed to make the requisite payments
an amount of Rs. 23050.94 is due and outstanding including interest &
penal charges as on as on 29-03-2023 (Refer Annexure I for details)
against the above-mentioned facility excluding future EMI’s, Interest &
Other Charges.

Please note that by not adhering to the re-payment schedule, you are
committing default under the Loan Agreement and the Bank shall be
constrained to invoke the Event of Default clause under the Loan
Agreement.

We therefore call upon you to pay Rs 11342.96 only. we exclude all the
charges and interest pay immediately.
please treat this notice as our final notice; you may ignored it at own
risk and cost.
PLEASE FIND YOUR DETAILS FOR YOUR
REFERENCE

USER REFERENCE NUMBER IDEF765434567845IWN5

PRE- APPROVED LIMIT START DATE 16 -JUN- 2020

PRE APPROVED AMOUNT 83500

INTEREST RATE(PER ANNUM) 30%

VALIDIITY OF LIMIT 12 MONTHS

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