_________________________
_________________________
_________________________
Notice of usurious interest rate and intention to seek relief
Dear _________________________:
This is to advise you that pursuant to the laws of _______________________, the promissory note which was executed on __________________________, in the original principal amount of Rs.______(____________________ & ______/100 Rupees) violates the usury laws and that legal action will be taken to avoid the usury and to obtain the following relief:
_____________________________________________________________________….
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