Notice Of Re Sale Of Goods On Buyer's Default 1413 - Legal Draft
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Notice of Re-sale of Goods on Buyer's Default
[Section 54, clauses (2) and (4) of the Sale of Goods Act 1930]
To[Section 54, clauses (2) and (4) of the Sale of Goods Act 1930]
AB (Purchaser)
Dear Sir
I write to you demanding payment of a sum of Rs...........due by you to me on account of sale and purchase of goods as per account stated below on or before the...........day of 2005
I hereby also give you notice that the goods purchased by you are lying at your risk at.......So if you fail and/or neglect to make the said payment on or before the said date I shall proceed with the re-sale of the goods by public auction on the day of
............at
........
p.m. and hold you liable for the shortfall, if any, on that account as also for all costs, charges and expenses incidental thereto and all losses and damages suffered by me.
Account of the goods purchased above referred to
Yours faithfully
CD (Seller) Date
CD (Seller) Date