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SCPL has issued a security cheque of ₹88,90,000/- to M/s Ajay Kumar for subcontracted sheet piling work. The cheque serves as a security deposit and is not for encashment unless contractual obligations are breached. It will be returned upon successful completion of the work as per the contract terms.

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scpl.lko23
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65 views1 page

D 5

SCPL has issued a security cheque of ₹88,90,000/- to M/s Ajay Kumar for subcontracted sheet piling work. The cheque serves as a security deposit and is not for encashment unless contractual obligations are breached. It will be returned upon successful completion of the work as per the contract terms.

Uploaded by

scpl.lko23
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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SCPL – [Your Full Company Name]

[Company Address]
[Contact Details]

Date: [Insert Date]

To Whomsoever It May Concern

Subject: Issuance of Security Cheque to M/s Ajay Kumar for Sheet Piling Work

This is to confirm that SCPL has issued a Security Cheque amounting to ₹88,90,000/- (Rupees
Eighty-Eight Lakhs Ninety Thousand Only) in favour of M/s Ajay Kumar, who is presently
working as a subcontractor for Sheet Piling Work under our project.

The details of the security cheque are as follows:

 Cheque No.: [Insert Cheque Number]


 Cheque Date: [Insert Date of Cheque]
 Bank Name: [Insert Bank Name and Branch]
 Amount: ₹88,90,000/-
 In favour of: M/s Ajay Kumar

This cheque is being issued strictly as a security deposit and is not meant for encashment,
except under circumstances involving breach of contractual obligations or non-fulfilment of
work commitments as per the agreed terms.

The said security cheque is being issued against the following Sheet Piling Work Details, which
form the basis of the subcontractor’s scope of work:

Sheet Details:
[Insert sheet details here, such as quantity, size, type, location, or any BOQ reference]

The security cheque shall be held by the subcontractor and is to be returned upon successful and
satisfactory completion of the assigned sheet piling work in accordance with the terms of the
contract.

This arrangement has been made in mutual agreement and good faith.

For any further clarification, please feel free to contact the undersigned.

Thanking you,
Yours faithfully,
For SCPL
Authorized Signatory
[Name][Designation]
[Signature & Seal]

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