Relinquishment Deed.
pratik
(Querist) 22 June 2010
This query is : Resolved
A Relinquishment Deed without consideration is invalid or void as per which section.
Thanks a lot.
Adv Archana Deshmukh
(Expert) 22 June 2010
Relinquishment deed without consideration is perfectly valid.
sanjeev murthy desai
(Expert) 23 June 2010
There is no specific sections or act avilable about the release deed but our hon'ble courts up held that Release deed may be executed with out consideration.
Please read this below mentioned case law
Ranganayakamma And Another vs K.S. Prakash (D) By L.Rs. And ... on 16 May, 2008