In case of recovering money from a person a legal notice can be use as a successful tool used. If the cheque is dishonoured, the aggrieved party can send a notice for recover of payment as under the Negotiable Instruments Act. The debt recovery procedures under the Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002 (SARFAESI Act) begins by sending a legal notice to the defaulter for recovery of payment. Property Matters:ĭisputes that relate to property such as partition, succession, eviction or other issues relating to the ownership of property may lead to sending a notice in case there is any violate or inconsistency between the parties concerned. Here, the Cases are relating to buying and selling of goods and services which turn out to be a damaged product or service may lead to sending of a notice by the consumer to the seller to rectify the deficiencies. Legal notice can be seen in various situations: Consumer Forums: And, if the other party is still not heeding to the grievance, one can always start the court procedures after a particular interval, as affirmed by the law. Various times, a notice served will bring the another party on heels, and the problem can get resolved out of court too, with successful discussions on both sides. Although a notice can serve as a purpose of negotiations between the parties and also save time, effort and money that are usually spent in court cases. When you sent it conveys your intention prior to the legal proceedings and thus, makes the party aware of your grievance. So, legal notice can be defined as a formal communication to any person or a legal entity, informing the other party of your purpose to undertake legal proceedings in opposition to them. A “Legal Notice” is a legal statement sent to the challenger indicating that the aggrieved is preparing to file a lawsuit against the concern in case the demand mentioned in the relevant notice is not fulfilled.
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