N Omprakash 21 August 2023
Dr. J C Vashista (Advocate and Legal Consultant) 22 August 2023
The property is validly transferred in the name of releasee, accordingly he is absolute owner and entitled to dispose it as he desired.
T. Kalaiselvan, Advocate (Advocate) 22 August 2023
If there are no other shareholders then the releasee will be considered to be an absolute owner with clear and marketable title to the property.
You can proceed to purchase but obtain a legal opinion before venturing into the purchase.