Notice To Terminate A Guarantee Given To A Employer
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NOTICE TO TERMINATE A GUARANTEE
GIVEN TO A EMPLOYER
Registered A/D
Date_____
To
The _____(Address)
TERMINATION OF GUARANTEE
Dear Madam/Sir,
Under the instructions and for and behalf of my client,
Name__________
Address of Client___________
I hereby serve upon you the following notice:
That vide a guarantee dated ____ my client had endorsed to you the faithfulness of Mr. __________
S/o__________
Resi____________________
as the Finance Controller of your Company at __________________and indemnified you for any loss or damage sustained by you by reasons of misappropriation or any other wrongful act of Mr. __________ as Finance Controller of your Company, in the course of his employment up to Rs _________________.
Please take notice that my client now wishes to terminate and cancel the said guarantee Please note that from the date of this notice my client shall not be responsible and liable for any such loss or damage sustained by you owing to the conduct of said Mr. _____________________ as Finance Controller of your Company.
Kindly take notice.
Copy of this notice is retained in our records for further action if needed.
Yours faithfully,
Advocate
Sd. ________