Advocate • High Court of Madras • Enrollment No: MS / 1428 / 2018
High Court Advocate Chambers, Ground Floor, NSC Bose Road, Chennai - 600104 • Phone: 9952292120
Ref No: LF/LEGAL/2026/DL-1001
Date: 01-October-2026
TO: Borrower Name
Address on file Contact Mobile: -
STATUTORY LEGAL DEMAND NOTICE UNDER SECTION 138 NI ACT / SECTION 420 IPC FOR DEFAULT OF LOAN REPAYMENT
SIR / MADAM,
Under instructions and on behalf of our client M/s. Nathan Finance, having branch office at , we hereby serve upon you this Statutory Legal Demand Notice:
1. That you, the above named addressee, had approached our client for availing micro-credit loan facility and after executing loan agreements and promissory commitments, our client sanctioned and disbursed a principal loan of ₹0.00 on 01-10-2026 under Loan Account No. DL-1001.
2. That you had agreed to repay the said loan in regular installments as per the sanctioned matrix. However, contrary to your solemn assurances and undertakings, you have deliberately failed and neglected to pay the scheduled dues.
Loan Account #
Principal Disbursed
Total Dues Missed
Total Paid so Far
Total Outstanding Balance
DL-1001
₹0.00
0 Installments
₹0.00
₹0.00
3. That our client and their authorized field collection executives made multiple personal visits and telephone reminders requesting you to regularize the overdue account, but you have consistently avoided settlement and evaded your legal liability with malafide intentions to cause wrongful loss to our client.
4. NOW THEREFORE, PLEASE TAKE NOTICE that you are hereby called upon to pay the entire outstanding sum of ₹0.00 (Rupees
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