RELINQUISHMENT DEED

This RELINQUISHMENT DEED (this “Deed”) is made on this ____ day of

_________,

By

[X], age about years W/o _____________________________,

r/o________________________________________________________________
____________________________ (hereinafter referred to as the “RELEASOR”,
which term or expression shall unless excluded by or repugnant to the subject or
context be deemed to mean and include his successors / nominees/interest and
assigns) of the RELEASOR.

In favor of

1. [Y], age about years S/o _____________________________,

r/o__________________________________________________________
__________________________________

2. [Z] age about years S/o _____________________________,

r/o__________________________________________________________
__________________________________

(hereinafter referred to as the “RELEASEE”, which term or expression shall

unless excluded by or repugnant to the subject or context be deemed to mean
and include her successors / nominees/interest and assigns) of the RELEASEE.

(the Releasor and the Releasee shall hereinafter be collectively referred to as the
“Parties” and individually as the “Party”)

1
WHEREAS

A. WHEREAS the Releasor and Releasee are the sole and absolute joint owner
of the following:

(hereinafter referred as ‘Assets’), which was inherited/having acquired the

same from ____________________through a sale deed/ gift/ gift
settlement /partition/ will deed registered as No. ________________ with
________________ dated _________.

B. All rights, title and interest in the aforesaid assets jointly vests in the
Releasor and the Releasee in equal proportions without any
demarcation/division.

C. The Releasor is desirous of voluntarily relinquishing his joint, equal and

undivided share in the Assets as more particularly described aforesaid
hereto in favor of the Releasee out of her love and affection without any
consideration.

D. The Releasee have agreed to accept the said relinquishment being made
by the Releasor of her joint, equal and undivided share in the Assets.

E. It has been agreed between the Releasor and the Releasee that the Assets
including the joint, equal and undivided share of the Releasor shall now
absolutely vest with the Releasee for all purposes.

NOW THEREFORE, IN CONSIDERATION OF THE MUTUAL

COVENANTS, TERMS, CONDITIONS AND UNDERSTANDINGS

2
 WITH THE INTENT TO BE LEGALLY BOUND THEREBY, THE
PARTIES HERTO AGREE AS FOLLOWS:

1. The Releasor, out of her natural love and affection towards the RELEASEE
and without receiving any monetary consideration, hereby voluntarily
relinquishes her joint, equal and undivided share in the Assets irrevocably
together with all right, title and interest therein, with all the attending
benefits, advantages, concessions, licenses, hereditaments,
easementary rights, equities, claims, demands, privileges, appurtenances
or any other things hidden in the earth belonging to or appurtenant
thereto etc., attached to belonging to and reputed to belong to the said
Assets in favor of the RELEASEE to which the RELEASEE has no objection.

2. The RELEASOR hereby affirms and declares that from the date of the
execution of the present Deed, he and/or his other legal heirs shall have
no claim, right, lien or interest in the aforesaid Assets and the same shall
vest absolutely in the RELEASEE.

3. The Parties hereto unconditionally and irrevocably agree to submit to the

exclusive jurisdiction of the competent courts in New Delhi, hereby waiving
all rights to any other jurisdiction or venue to which they might otherwise
be entitled. to

IN WITNESS WHEREOF THE PARTIES HERETO HAVE SIGNED THIS

AGREEMENT ON THE DAY, MONTH AND YEAR FIRST ABOVE WRITTEN:

Mr._____________
s/o_______________
r/o________________

3
(FIRST PARTY)

Ms.
s/o_______________
r/o________________

(SECOND PARTY)

WITNESSES:

1.

2.