Request Letter for Continuity of Loan with Bank & NBFC
LETTER OF CONTINUITY
21st January, 2027
Capital First Limited,
One
Indiabulls Center,
10th
Floor, Tower 2A & 2B,
Senapati
Bapat Marg,
Lower
Parel (West),
Mumbai – 400 013.
Dear Sirs,
We, Stabnet Commercials Pvt. Ltd. , a company incorporated under the
provisions of the Companies Act, 1956, having its registered at 45, Hello Center, Nariman Point, Mumbai - 400 001 enclose our Promissory Note
for Rs. 50,00,000 /- (Rupees. 50 Lakhs only) dated 21st January, 2027 payable on demand,
which is given to you as security for the repayment by us to the Lender of any
sum now due or which may hereafter be or become due by us to the Lender by way
of the Facility granted vide the facility agreement dated ______January, 2027
("Facility Agreement"), in
loan account and/ or loans notwithstanding the fact that the loans may from
time to time be reduced or extinguished, the intention being that the security
shall be a continuing security for any borrowing by us at anytime to the Lender
.
Terms used and not defined
herein shall have the meaning assigned to them in the Facility Agreement.
Yours faithfully
For Stabnet Commercials Pvt.
Ltd.
The
Common Seal of the Company was hereunto affixed in the presence of Mr.
_________________________________
the
Director and Mr. ________________
who
have affixed their signatures in token whereof:
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