UDIT SHARMA AND ASSOCIATES

ADVOCATES AND LEGAL CONSULTANTS

advuditsharma.11@gmail.com
Date: 23/11/2023

Ref. No. : LDN/

Postpaid/Postpaid

LEGAL DEMAND NOTICE

To,
DOGGA JEEVANBABU
8-2-613/75/I/220, Uday Nagar, Banjara Hills, Road No 11
Hyderabad TELANGANA 500034
9059119567
jeevandee@gmail.com

Sub: : LEGAL DEMAND NOTICE SEEKING RECOVERY OF UNPAID OUTSTANDING DUES OF RS

14651.12/-WITH RESPECT TO DIGITAL LOAN ACCOUNT 216becaa-fec5-45fd-b298-
NO.
e63b08ca7b1e.

Dear Sir/Ma’am,
Under the instructions from and on behalf of our client M/S Aditya Birla Finance Ltd a non-banking company du
registered with Reserve Bank of India and incorporated under the provisions of the Companies Act 1956, having i
Registered office at Indian Rayon Compound, Veraval, Gujarat – 362 266 and branch office at R-Tech Park, 10t
Floor, Nirlon Compound, Off Western Express Highway, Goregaon East, Mumbai 400063, we hereby issue to yo
the present Notice which reads as hereunder: -
1. That our client is in business of finance and is inter alia engaged in the business of grant of various loans
facilities/finance facilities to its clients and you, the above named Noticee had approached our client
through M/S Aditya Birla Finance Ltd Digital
( Partner Name ) for obtaining a DIGITAL
“ Loan”
(Hereinafter referred to as “Loan”). At that time, you had represented and assured our client that you would
timely and punctually repay the same as per the terms and conditions of the loan agreement, documents and
you had further assured and represented to our Client that you had the financial capacity for the grant and
repayment of the said Loan.

2. That in order to support your application, you had also submitted various financial and other documents to
reflect your credit worthiness. Relying upon your representations regarding your financial capacity to repay
and upon you undertaking to adhere to the financial discipline, our client had approved, granted and
disbursed to you a Loan (vide Loan account number 216becaa-fec5-45fd-b298-e63b08ca7b1e ). At that
time also, you undertook to adhere to the repayment schedule and pay your EMIs in a timely manner and
had also agreed to abide by and observe all the terms and conditions of the Loan Agreement executed with
our client.

3. Timely payment is the essence of the loan agreement but despite repeated requests, reminders, and follow-
ups you have not been regular in honoring your contractual commitment with regards to the payments
when they became due and payable. The repayments have not been regularly paid by you and that
constitutes an event of default as per the loan documents and by not adhering to the terms of the repayment,
you have rendered yourself liable to pay overdue interest and other charges, as well. That however in utter
contravention to the terms & conditions of the Loan Agreement executed in favor of our client and in total
disregard to various undertakings and representations made by you to our client, you, the Noticee miserably
failed to maintain the financial discipline and failed to clear payments in a timely manner in accordance
with the Payment Terms/Schedule. Therefore, as 08/11/2023a
on sum of INR 14651.12/- is standing as
total overdue in your above stated Loan account, which you have not paid despite repeated requests and
reminders from our client.

4. Our client states that the above stated Loan was granted to you upon your requests, undertakings and
Onward Coworkx, UG, E 44/3, Pocket D, Okhla Phase II, Okhla Industrial Area, New Delhi, Delhi 110020.

UDIT SHARMA AND ASSOCIATES

ADVOCATES AND LEGAL CONSULTANTS
advuditsharma.11@gmail.com
representations made to our client and upon submission of various financial documents purportedly
showing your credit worthiness. However, from your conduct, it is amply clear that you falsely represented
to our client in order to obtain the subject Loan. From the record, it is also clearly reflected that you
deliberately made false assurances and misrepresentations to our client without having any real intention of
fulfilling your legal obligations towards repayment of the loan availed from our client. It is thus evident
from your conduct, that you have fraudulently induced our client toDIGITAL
issue Loan Facility and you
never had the intention of clearing Loan amount availed and utilized by you, thereby causing wrongful loss
to our client and wrongful gain to you, the Noticee.

5. It is therefore needless to mention that the illegitimate acts and omissions mentioned herein above require
legal scrutiny and therefore our client intends to initiate criminal and civil proceedings against you, the
Noticee for your abovementioned deeds. Please take note that such action if initiated shall be completely at
your risk and consequences.
Therefore, in view of the facts and circumstances, We, on behalf of our abovementioned client, hereby ca
upon you, the Noticee to pay the total overdue amount inclusive of penal & other charges amount totaling t
Rs 14651.12/-within 7 days from the date of the receipt of this notice. Do take note that your failure to do so
shall lead to initiation of following among other remedies;
Kindly ignore this communication in case you have already paid the above said amount due on your Account

Initiation of police complaint under the Indian Penal Code and other Penal Provisions for at the concerned Police Station for the offences
of cheatings, criminal breach of trust etc. against you, Noticee as well against the Co-Borrowers and Guarantors.

Initiation of legal recovery proceedings including Arbitration Proceedings/Recovery Proceedings before the Competent Court, Tribunal
and seek attachment of your assets, for the recovery of the dues of our client.

Section 138 NIA and Section 25 of PASSA which deals with dishonor of Cheque and ECS, respectively, provide for punishment for
Imprisonment up to 2 years, and/or fine up to twice the amount of the Cheque/ECS amount or both.

Seek attachment of all your assets including shares, bank accounts, Vehicles, salaries, pension under Section 9, Arbitration & Conciliation
Act, 1996 or during Execution of Arbitral Award.

Intimate the ministry of external affairs of your purposeful default and seek revocation of your Passport and/or travel documents and
also approach the passport office / court for seeking to restrain you from leaving the jurisdiction of the Country,

Initiate process for declaration of purposeful/willful defaulter and share information about your debt with CIBIL.

For further assistance please get in touch with our client through its officer MD Mr./Ms.
AZHARUDDIN at
8639648559between 10 AM to 6 PM between any working day.
NOTE: A copy of this notice is retained in our office for future necessary action.
Kindly mention the Ref No. ( Postpaid/Postpaid
LDN/ ) in all future communications on the present subject.

Yours Truly

Udit Sharma
Advocate
Udit Sharma & Associates

Onward Coworkx, UG, E 44/3, Pocket D, Okhla Phase II, Okhla Industrial Area, New Delhi, Delhi 110020.