KONCEPT LAW ASSOCIATES
KAMAL BAHL (Enrol No. D-1352/05) 98, Priyadarshini Vihar,Delhi-110009
AMBIKA MEHRA (Enrol No. D-169/07) konceptlegalllp@yahoo.in
WHATSAPP
Ref No. KLA/CARD/OTS/ 00726 DATE : 08/04/2025
To,
TELLA SRINATH REDDY
S/O T KOTI REDDY 29-1443/2/1A, KAKATIYA
NAGAR NEREDMET, MALKAJGIRI
HYDERABAD, HYDERABAD, 500056
Mobile No. :8143150899
Email Id : -
Subject: Invitation for Settlement of outstanding amount of Rs. 20314.96/- pertaining to your Credit Card bearing Account No.
405028XXXXXX7089 (AAN: 0001010030002677089).
Sir/Madam,
Under instructions from and on behalf of my client HDFC BANK LTD. (hereinafter referred to as `my client’) I, do address and serve upon
you this notice and state as under:-
This is in reference to the Credit Card facility availed by you in the captioned Credit Card account and it is found that you have failed to
maintain financial discipline and to discharge their repayment obligations as agreed under the terms and conditions of the Credit Card
member agreement to repay the loan amount which would result into initiation of legal action in upcoming days in near future. However, to
avoid such future litigation and considering of the unprecedented situation, our client has decided to engage the customers for amicable
settlement of their Credit Card outstanding which may be done by the customers by submitting their settlement proposals to my client/Bank.
1. My client states and submits that, you being the customer(s) availed a Credit Card bearing Account No. 405028XXXXXX7089 (AAN:
0001010030002677089) by entering into an agreement and agreed to make repayment of the said utilized amount due . Please note as a
result of continuous default in repayment, as on 08/04/2025 your above referred Credit Card facility having total outstanding amount of
Rs. 20314.96/- is due and payable to my client.
2. My Client further submits that, Now, with a view to amicably settle the Credit Card outstanding appearing against your Credit Card
account(s), you may submit a settlement proposal to my client and/or may contact it’s Officer SHIVAJI on 09484944186 ( please prefix
zero before dialing) or visit to our client Branch office for due consideration of proposal by my client. My Client hopes that you will take
this offer as an opportunity to settle the Credit Card account and to avoid the future litigations.
3. My Client states and submits that, the contents of this letter shall not be presumed to be an approval from my client on any settlement offer
so submitted by you, and my client exercises complete discretion in accepting or rejecting the settlement offer/s without assigning any
reason.
4. My Client states and submits that, the objective of this present Notice is to only provide an opportunity to the customer/s to amicably resolve
and settle the Credit Card account and the outstanding’s by submitting their settlement proposal and discussing it with my client and
nothing in this letter shall be construed to create any obligation either on my client or on you being the Credit Card member/ customer
unless the settlement terms are reduced in writing and signed by you as a customer and my client.
5. My Client further submits that, present letter is issued without prejudice to the rights of my clients to continue/initiate legal proceedings
against you for recovering the outstanding dues in terms of contractual rights created in favor of my client under Credit Card Agreement(s)
duly agreed by you in the event the settlement offer being rejected by my client.
6. For any further clarification you may please contact above name officer on given Contact number.
Settlement proposal should be received by my client on and before 23/04/25 and any such proposal received after 23/04/25 shall not be
considered by my client.
‘‘Please Ignore the present notice/communication, if the dues are already Paid.
Regards,
For KONCEPT LAW ASSOCIATES
KONCEPT LAW ASSOCIATES
KAMAL BAHL (Enrol No. D-1352/05) 98, Priyadarshini Vihar,Delhi-110009
AMBIKA MEHRA (Enrol No. D-169/07) konceptlegalllp@yahoo.in
