Tuesday, July 20, 2010

My Proposed LOD


ROY MAZLYNA
&
ASSOCIATES
Advocates & Solicitors



Roy          LL.B (Hons)
Mazlyna    LL.B (Hons)

Your Ref :                                                                                             Our Ref :
Date : 20/07/2010

Messrs Abdul Majid & Co
Advocates & Solicitor
No. 1, Jalan Ampang
473001 Kuala Lumpur                                                                                                    by hand / Registered Post

Dear Sirs

Notice of Demand in Respect of Credit Facilities Granted By RB BANK BERHAD


We act for RB BANk BERHAD and refer to your letter dated 17/07/2010.

We are instructed by our Clients that by a written guarantee dated 21/07/2008 executed by your Client in our Clients’ favour, your Client guaranteed the payment on demand of all sums due and owing by MH SDN BHD (“the Borrower”), in respect of the credit facilities provided by our Clients, subject to the principle sum of RM3,000,000.00 together with interest accruing thereon.

We are instructed by our Clients that the Borrower in indebted to our Clients in the sum of [ Outstanding sum and interest ] , particulars of which are as follows:

Facilities
Outstanding amount as at
[ Date of default ]
Further Interest from
[ Date of default + 1 day ]
Term Loan


Overdraft



[ Outstanding sum and interest ]



On behalf of our Clients we hereby demand that you pay the sum of RM3,000,000.00 together with further interest thereon at the rate of [ Interest rate ] per annum above our Clients’ Base Lending Rate, at [ Current base lending rate ]
[ Compounded monthly / annually / not compounded ] .

TAKE NOTICE that in the event the aforesaid sum together with interest thereon as aforesaid is not paid by you to our Clients or to us as their solicitors within [ Seven (7) days / fourteen (14) days ] from the date hereof, we have our Clients’ strict instructions to commence legal proceedings against you for the recovery of the same without further reference to you, in which case you will additionally be liable for all costs incurred by our Clients.

When making payment, please include the sum of [ Legal fees ] being the cost of this demand.


Yours faithfully
For and on behalf of







RB/MH/07




1 comment:

Unknown said...

ney nama aku rah letter head ya