FORM OF NOTICE OF CANCLING
CONTINUING
GUARANTEE [CD1]
Date_____
To
_______(Name of
Bank – Creditors)
Dear Sirs,
I, Mr.
________________________________,
S/o
Sh._______________________________,
R/o__________________________________ (Surety)
hereby serve notice that from to date onwards my all liabilities per Guarantee
executed by me on __________ day of ________ favouring of__________________
_____ (details of the beneficiary as well as the Principal Debtor) cease and
terminate. I also declare that I discontinue and cancelled the said Guarantee,
wherein I had guaranteed you in paying of all sums of moneys due to you on
account of goods supplied to the Principal Debtor.
Please
take notice that after the date of this notice, any /all liabilities, which I
have incurred under the said Guarantee covering all transactions between you
and the Principal Debtor, cease to exist..
Signature
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