ARG COMPLIANCE MANUAL - Rathi Online

5. We further state that believing your representations to be true, we acted upon in good faith and provided you thetrading facilities as aforesaid, which have been availed by you without paying your legitimate dues. It is thus, very clearfrom your representations and subsequent conduct that you have misrepresented the facts to us and by deceitful meansobtained lawful gain to yourself/yourselves and caused corresponding loss to us and thereby committed breach of trust.6. In the circumstances, we hereby call upon you to pay the aforesaid sum of Rs.____ /- (Rupees___________only) towards outstanding dues / debit balance in your account together with interest thereon @18%per annum from its due date till payment within 7 (seven) days from the date of receipt of this notice by you. Indefault, we will be constrained to adopt criminal proceedings or other appropriate legal proceedings includingarbitration under the Rules, Bye-laws and Regulations of the Exchange as we may be advised at your entirerisk as to costs and consequences, which please note.Yours faithfully,For ____________________** (Authorised Signatory)(Branch Manager)60