Release deed
BEENA SINGH
(Querist) 20 August 2014
This query is : Resolved
CAN A PERSON RELEASE HIS SHARE WITHOUT WITHOUT ANY CONSIDERATION AMOUNT ?
IS IT LEGALLY VALID
ajay sethi
(Expert) 20 August 2014
academic query . yes
Advocate. Arunagiri
(Expert) 20 August 2014
For releasing the share, there is no necessity to pay the consideration. But, many of them pay and record the payment of consideration in order to avoid future complications.