Draft the following Documents (Assume facts if necessary): Relinquishment Deed.
CS Professional · Drafting, Appearances and Pleadings · PYQS · June 2019
Draft the following Documents (Assume facts if necessary): Relinquishment Deed.
Answer & Explanation:
RELINQUISHMENT DEED This deed of relinquishment is made and executed on this ..........day of .......... by .......... (relationship) of Late .......... and .......... of Late .......... , residents of .......... hereinafter called the 'EXECUTANTS/RELEASORS'. IN FAVOUR OF Mr./Ms. .......... (holder of PAN .......... / Aadhar .......... ) (relationship) of Late .......... hereinafter called the 'Releasee'. Whereas Late .......... was a subscriber under the National Pension System with PRAN .......... Whereas the said Late .......... died intestate and without nominating anyone to receive the claim for withdrawal of accumulated pension wealth, leaving behind the following legal heirs:- 1. 2. 3. NOW THIS DEED WITNESSETH AS UNDER: The 'Executants/Releasers' out of natural love and affection and without any monetary consideration, hereby wish to release and relinquish their respective shares in the claim under National Pension System, in favour of .......... (relationship) of Late .......... and hereby affirm and declare that they and their legal heirs shall have no right, claim or interest in the said claim for withdrawal of accumulated pension wealth of Late .......... and same shall vest absolutely in the said .......... (relationship) of Late .......... the 'Releasee'. IN WITNESS WHEREOF the 'Executants/Releasers' and the 'Releasee' have signed this deed of relinquishment on this day, month and year first mentioned above in the presence of the following witnesses;- (A- .......... ) (B- .......... ) (C- .......... ) (Executants/Releasers)
Topics: Conveyancing / Legal Drafting
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