Receiving the Legal Notice has become more usual these days due to the raising disputes over agreements and contracts and other common issues. It is the very initial stage of the dispute resolution such negotiation, mediation, conciliation and litigation.
What is a Legal Notice?
Simply put, legal notice is essentially the necessity, like a mechanism that a party be accurately given enough information about the legal processes that influence his rights, responsibilities, and duties to inform individuals or organizations about a situation utilizing a procedure mandated by the legal system.
There are rigid guidelines that must be followed for the legal notice to be effective, even though the format may vary. All the particulars of facts and complaints shall be stated in a legal notice that is issued to a defendant. The purpose of this is to alert the defendant of the charges against him and allowed a reasonable amount of time to respond, letting the court know whether he agrees or disagrees with the facts set forth therein.
When is a Legal Notice needed?
Even though it is not required in all civil proceedings, a legal notice is provided as a precaution which means it can be sent before the lawsuit is filed, as demanded by several statutory provisions and regulations. In Landlord-Tenant Dispute and Insolvency Case, the legal notice shall be sent before filing the case.
What will happen if failed to respond to the Legal Notice under the Myanmar Insolvency Law/ Myanmar Insolvency Rules 2020?
A creditor may have a willing insolvent of individual or corporate entity of its debtor, he shall deliver the Legal Notice to the debtor, which are provided under the Myanmar Insolvency Rules, 2020 with affidavit as stipulated. It is a kind of legal notice according to this enacted law. In this case, if the receiver failed to reply that legal notice or failed to respond with reasonable grounds to get satisfaction or neglects to settle the debt, it may be presumed insolvent by the court and continue to proceed with the hearing. No excuse could be given at this stage before the court on the failure to reply notice and on the failure to respond with reasonable grounds to get satisfaction or neglects to settle the debt then, the Court will proceed with the law suit according to the Myanmar Insolvency Law 2020 and Myanmar Insolvency Rules 2020.
Thus, it is vitally important to read the legal notice thoroughly when it is received and respond promptly with solid information through seek advice and wise decision from the legal profession. Make sure to take appropriate action to protect your rights.