In the specific case where the asset has been apprehended in order to be remitted to a pledgee, the act of remittance or apprehension is deemed to constitute a seizure in the custody of the creditor and, provided that the creditor has not applied for the judicial allocation of the pledge, the pledged asset is sold by compulsory public auction. Unless the creditor uses the simplified realisation procedure provided for in the second paragraph ofarticle 2346 of the Civil Code, the sale takes place in accordance with the procedures set out in articles R. 221-30 to R. 221-39.
A deed is delivered or served on the debtor which contains, under penalty of nullity:
1° A copy of the deed of delivery or apprehension, as the case may be;
2° An indication of the place where the property is deposited;
3° A separate statement of the sums claimed in principal, costs and accrued interest, together with an indication of the interest rate;
4° Where the creditor does not implement the simplified realisation procedure provided for in the second paragraph of Article 2346 of the Civil Code:
a) An indication, in very conspicuous lettering, that the debtor has a period of one month to proceed with the amicable sale of the seized property in accordance with the provisions of articles R. 221-30 to R. 221-32 and the date from which, in the absence of an amicable sale within this period, a forced sale by public auction may be carried out;
b) The reproduction of articles R. 221-30 to R. 221-32;
The reproduction of articles R. 221-30 to R. 221-32. 221-32;
5° Where the creditor implements the simplified realisation procedure provided for by the second paragraph of article 2346 of the Civil Code:
a) The date of the service made pursuant to the second paragraph of article 2346 of the Civil Code must be clearly indicated;
b) A reproduction of the second paragraph of article 2346 of the Civil Code.