1. PROMISSORY NOTE
Rs. 1,00,000/- only Mohan
84,Sector-1,Noida
June20,2010.
Three months after date I promise to pay Sohan or his order the sum of Rs. One Lakh only,
for value received.
To,
Sohan Stamp
D-14, Pitampura, (Mohan )
Delhi-110034 .
Features of Primossory Note : In the above Specimen :
1) Mohan-------- Promisor
1) It must be in Writing and should be dated. 2) Sohan--------- Payee.
2) It must contain an unconditional promise to pay a certain sum of amount. 3) Sum Payable------- Rs. 1,00,000/-.
3) The promisor must sign the Promissory Note, and it should be stamped properly. 4) Stamped
4) The Payee (the person to whom the payment is promised ) must be certain . 5) Mohan should Sign.,
5) Payment must be in legal currency of the country . 6) Payment in Indian Currency-----Rs.
7) Date of Promissory Note: June20, 2010 .
Specimen of a Promissory Note
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