 |
|
|
- DEMAND
PROMISSORY NOTE
-
- Rs_______________________________Date:__________________
-
- FOR VALUE
RECEIVED, the undersigned jointly and
severally promise to pay to the order of
___________, the sum of Rs.________,
together with interest of_______% per
annum on the unpaid balance. The entire
principal and any accured interest shall
be fully and immediately payable UPON
DEMAND of any holder thereof.
-
- Upon default
in making payment within_____ days of
demand, and providing this note is turned
over for collection, the undersigned
agree to pay all reasonable legal fees
and costs of collection to the extent
permitted by law. This note shall take
effect as a sealed instrument and be
enforced in accordance with the laws of
the payee's state/country. All parties to
this note waive presentment, notice of
non-payment, protest and notice of
protest, and agree to remain fully bound
notwithstanding the release of any party,
extension or modification of terms, or
discharge of any collateral for this
note.
-
-
- In the
presence of:
-
-
- ______________________________
- Debtor
- ______________________________
- Witness
|
- ABSOLUTELY NO WARRANTIES
ARE MADE REGARDING THE SUITABILITY OF
THESE FORMS FOR ANY PARTICULAR PURPOSE.
IT IS ADVISABLE THAT IMPORTANT
DOCUMENTATIONS ARE PREPARED OR VETTED BY
EXPERT. LEGAL ADVICE OF ANY NATURE SHOULD
BE SOUGHT FROM COMPETENT, INDEPENDENT,
LEGAL EXPERT IN THE RELEVANT
JURISDICTION.
|
|