{"id":668,"date":"2024-10-12T17:55:29","date_gmt":"2024-10-12T16:55:29","guid":{"rendered":"https:\/\/www.legalsinfo.com\/?p=668"},"modified":"2024-10-12T17:55:29","modified_gmt":"2024-10-12T16:55:29","slug":"promissory-note","status":"publish","type":"post","link":"https:\/\/www.legalsinfo.com\/index.php\/2024\/10\/12\/promissory-note\/","title":{"rendered":"PROMISSORY NOTE"},"content":{"rendered":"\n<p>            I Albert, aged about 42 years S\/o Roshan a resident of Awangjiri, P.O. &amp; P. S. Nambol, Imphal West District, Manipur take a sum of Rs 1,00,000\/-(Rupees one lakh) from Sarat of Nambol, P.O. &amp; \u00a0 P. S. Nambol, Bishnupur District, Manipur with interest at the rate of 4% \u00a0per month.<\/p>\n\n\n\n<p>           I promise that I will pay the interest i.e. 4% of said amount of Rs 1,00,000\/-(Rupees one lakh) on the\u00a025<sup>th<\/sup> of every English Calendar month without fail.<\/p>\n\n\n\n<p>           I also promise that I will pay the principal amount of Rs 1,00,000\/-(Rupees one lakh) to Sarat on or before September 2020 or as and when he demands failing which I have no objection to taking up any legal proceedings against me or forfeit any property equivalent with the said amount.<\/p>\n\n\n\n<p>          After knowing the full contents of this note I hereby put my Signature before the under-noted witnesses on this 23<sup>rd<\/sup> day of November\u00a02019.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p>&nbsp;    Witnesses&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Signature of the Receiver<\/p>\n\n\n\n<p>1.<\/p>\n\n\n\n<p>2.<\/p>\n\n\n\n<p>By:-<\/p>\n\n\n\n<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Advocate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I Albert, aged about 42 years S\/o Roshan a resident of Awangjiri, P.O. &amp; P. S. Nambol, Imphal West District, Manipur take a sum of Rs 1,00,000\/-(Rupees one lakh) from Sarat of Nambol, P.O. &amp; \u00a0 P. S. Nambol, Bishnupur District, Manipur with interest at the rate of 4% \u00a0per month. I promise that I &#8230; <a title=\"PROMISSORY NOTE\" class=\"read-more\" href=\"https:\/\/www.legalsinfo.com\/index.php\/2024\/10\/12\/promissory-note\/\" aria-label=\"More on PROMISSORY NOTE\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[25,14],"tags":[],"class_list":["post-668","post","type-post","status-publish","format-standard","hentry","category-application","category-home"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"I Albert, aged about 42 years S\/o Roshan a resident of Awangjiri, P.O. &amp; P. S. 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