Ananta Jalil and his wife receives legal notice from MTB over the dishonored check
Bangladesh, Nov. 12 -- The notice was given following the dishonoring of a Tk 92.29 crore check intended to partially repay a rescheduled loan due to insufficient finances.
Through its panel lawyer, Md. Zahidul Islam Bachchu, the bank's Panthapath branch issued the MTB notice, which was published in a newspaper on November 5.
The letter states that the company's Tk 267 crore in term loans, which are payable over a predetermined period, have been rescheduled by the private bank for August 28, 2024.
It stated that the borrowers eventually violated the terms of the rescheduling.
According to the document, Ananta signed a check for Tk on October 18, 2026. On November 2, the bank deposited the check into the business's account via its Bogu...
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