Relinquishment deed

shyam lal (Querist) 08 February 2025 This query is : Resolved
Query01/-As per the family settlement agreement can the individual share holder sign a Relinquishment deed in favour of her adult daughter.
Query 02/-As per the registered Will can the individual named beneficiary sign a Relinquishment deed in favour of his adult son.

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This discussion clarifies the validity of relinquishment deeds in specific scenarios. It explains that under a family settlement agreement, a shareholder can indeed sign a relinquishment deed in favour of their adult daughter, especially if she's also a party or co-sharer. Similarly, a beneficiary named in a registered will can execute a relinquishment deed for their inherited share in favour of their adult son, provided the will is not challenged and has been probated where necessary.

kavksatyanarayana (Expert) 08 February 2025
01. In a Family Settlement Agreement (FSA), there is no question of relinquishment as her daughter is also a party. 02. The beneficiary only has the right over the property but not his son. so the question of relinquishment does not arise.

T. Kalaiselvan, Advocate (Expert) 08 February 2025
1. If the adult daughter is a co-sharer in the property that is coming under the family setlement then the co-sharer can execute a registered release deed favoring particular person also.
2. The above answer applies to this question too.

Dr. J C Vashista (Expert) 09 February 2025
Q 1. Yes, the share holder can release his/ her share in favour of his/her daughter.
Q 2 Consequent upon death of Testator the beneficiary of such a will may get share of the deceased /Testator and release such property, if it (will) is not challanged and probated (when compulsory).

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