Friday,
December 20, 2002, Chandigarh, India |
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Notice to MC accountant on loan Khanna, December 19 The legal notice issued by the advocate on behalf of the bank stated the bank had advanced a sum of Rs 30,000 on July 6, 2000 on account of durable loan for the purchase of goods. Only some instalments were paid but later on the installments were totally discontinued due to which the loan amount of Rs 35,734 plus interest accrued thereon. As per the legal notice “in spite of the repeated notices and reminders you have failed to liquidate the entire amount. It was decided in the agreement that the installments of the loan will be deducted from the salary and the irrevocable authority will not be withdrawn by the loanee even on transfer, resignation, retirement and termination of the service.” According to this authority the notice directed the drawing and disbursing authority to deduct Rs 2,000 per month from the salary of Ashok Kumar and to remit this to the bank. The copies of the notice had also been sent to the President of the Council, EO, and the guarantors Ajmer Singh and Ram Pal. |
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