NOTICE OF SALE OF PLEDGED ARTICLES

 

Date_____
To,
Sh. ______(pledgee).
(Address)

Whereas you borrowed Rs._____ on Dated _____ from me on pledge of the articles (Mentions details of articles) and whereas per account Rs.____ are now due to me from you on account of the balance the said debt /interest.
I hereby demand the said amount from you and give you notice that in case you fail to make the payment by dated_____, the pledged articles shall be sold by public auction for getting my dues.
Please take notice

Signature