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RELEASE DEED

This deed of Release is executed in Tiruchirappalli on this the 25 th day of


April 2023.

BY
1. Mrs. Sharmila (PAN. BKEPS4014F and Aadhaar No.9543 3074 2289),
wife of late. S. Ramkumar aged about 40 years,

2. Minor S.R.Tamiraa (Aadhaar No.4634 6211 2710), daughter of late.


S.Ramkumar aged about 07 years, minor represented by her natural
guardian the mother Mrs. Sharmila.
Both are residing at 8-424, 203 Rd Street, Muthamizh Nagar, Kodungaiyur,
Chennai – 600 118, hereinafter referred to as “RELEASORS” the which
expression, unless it be contrary to the context and meaning thereof shall
mean and include their heirs, legal representatives, administrators,
successors, nominees and permitted assigns.
TO AND IN FAVOUR OF

Mrs. S. Rajeshwari (PAN. BHBPS4124G and Aadhaar No.2622 3728 4091),


wife of late R. Shankar aged about 57 years, is residing at No.34, Kollamettu
Lane, Chinnakadai Street, Trichy – 2, hereinafter referred to as the
“RELEASEE”, which expression, unless it be contrary to the context and
meaning thereof shall mean and include her heirs, legal representatives,
administrators, successors, nominees and permitted assigns.

WHEREAS Originally Mr. R. Shankar son of Ramaiah Pillai was the absolute
owner of property described in the Schedule-A hereunder having purchased
the same, vide Sale Deed dated 27.01.2006, registered as Doc.No.173/2006,
in SRO: Ashok Nagar

WHEREAS said R. Shankar died on 02.02.2019 as evidenced by the Death


Certificate dated 11.02.2019 issued by Greater Chennai Corporation. As per
Legal Heirship dated 11.03.2019 issued by Tahsildhar, Tiruchirappalli- East
Taluk and his legal heirs are as follows:
a. Wife - S.Rajeswari, (Releasee herein)
b. Son - S.Ramkumar,
c. Daughter S.Preethi.
Thus said three persons have each 1/3rd Undivided Share in Schedule -A
property.

WHEREAS aforesaid S. Ramkumar died on 28.7.2020 as evidenced by


Death Certificate dated 11.08.2020 issued by Chief Registrar Births and
Deaths, Government of Karnataka. As per Legal Heirship Certificate dated
06.12.2022 issued by Tahsildar, TiruchirappalliEast his legal heirs are his
mother S.Rajeswari, wife R.Sharmila and his minor daughter S.R.Tamiraa.

WHEREAS thus the releasors are having 1/3 rd Undivided share morefully
described in Schedule- B hereunder out of Schedule-A hereunder.
WHEREAS the Releasors offer to Release their property described in
Schedule-B hereunder for a total sale consideration of Rs. 12,40,000/-
(Rupees Twelve Lakh Forty Thousand Only) to the Releasee herein and the
Releasee has accepted the same, free from all encumbrances. Hence parties
herein have executed this Release Deed.

NOW THIS DEED OF ABSOLUTE SETTLEMENT WITNESSETH that

1. In pursuance of the aforesaid recitals and in consideration of total


consideration of Rs.10,00,000/- (Rupees Ten Lakh Only) paid by the
RELEASSEE to the RELEASSORS as follows:

a. Rs. 5,00,000/- (Rupees Five Lakh Twenty Thousand Only), vide D.D.
dated ______________, bearing No._________________, drawn on ______________
Bank, ___________ Branch, favouring the 1st RELEASSOR.

b. Rs.5,00,000/- (Rupees Five Lakh Only), transferred and deposited in the


savings account No.___________ vide RTGS URT No.________________________,
dated ________________, in ______________ Bank, ___________ Branch,
favouring the 2nd RELEASSOR.

In all total amount of Rs. 10,00,000/- (Rupees Twelve Lakh Forty


Thousand Only) paid by the RELEASSEE to the RELESORS in the manner
of aforesaid and the releasors accepted, admitted and acknowledged the
receipt of the same, the Releasors hereby Release, convey and transfer all
their right, title and interest in the property described in SCHEDULE – B
hereunder, forming part of SCHEDULE - A UNTO the absolute use of
RELEASEE herein forever.

2. The RELESSORS covenant with the RELEASEE that:

a. The Schedule – B mentioned property is RELEASSORS’ absolute


property.

b. The property described in Schedule - B hereunder is free from


all encumbrances, charges, lien, mortgage, litigation,
attachment, maintenance, lispendents, testamentary disposition
etc.

c. Except the RELEASSORS no other person is having any right,


title, or interests whatsoever on the schedule - B mentioned
property.

d. Schedule - B mentioned property is not subject matter of any


prior Will or Trust or Agreement.

e. The FIRST RELEASOR in sound mind and voluntarily, at her


own wish has executed this Deed for herself and being natural
guardian for the benefit of her minor daughter the second
RELEASOR, in the presence of witnesses mentioned here under.

3. The RELEASSORS has this day delivered vacant possession of the


Schedule – B mentioned property to the RELEASSEE herein, and put the
her in physical possession thereof.

4. The RELEASEE is, henceforth be competent to have right and title over
the Schedule - B property, without any let or hindrances, eviction or
interruptions, claims, or demands, or any kinds of encumbrances, by or
from the RELEASSORS, or anyone claiming from whom the RELEASSORS
derived their title.

5. The original title deed and the parent documents is in the custody of the
RELEASSEE herein being owner of another 1/3rd share in Schedule – A
property.

6. The RELEASSEE is entitled to transfer all records in Revenue


department, TNEB and other records in concern departments in her name
for the Schedule - B mentioned property in her name.

SCHEDULE - A
(Property belongs to the Legal heirs of Late Mr.R.Shankar)

All that 496 sq.ft of Undivided Share in 2720 sq.ft of land and 744 sq.ft of
super built up area in rear ground floor area maked as apartment C in
Jaganath block bearing municipal Old door No. 18, New Door No 20,
Nagaratnammal Colony Street, West Mambalam, Chennai – 600 033 in
survey No.195/2, T.S No.61 Block No.62, in kodambakkam Village,
Mambalam – Guindy Taluk under sub Registration District Ashok Nagar
and Registration District of Chennai Central. The land measuring east to
west to the northern side 80 feet, southern side 80 feet, north to south on
eastern side 34 feet, western side 34 feet and bounded on
Boundaries and Measurements of Plot:
Directions Boundaries
North by Plot No 17
South by Plot No 19
East by Brook
West Nagaratnammal Colony Street

Together with Electricity Service connections and its deposits, Water and
Drainage Service Connections and its deposits, rights to use ways, passage,
all amenities, fixtures and fittings attached to property or thereabouts.
Corporation Tax No-
Water Service TAX No-
Electricity Service Connection Numbers –

This property is situated within the jurisdiction of _________Registration


District and ________ Sub-Registration District.

SCHEDULE - B
(Property belongs to the Releasors herein)

1/3rd undivided share, right and title out of Schedule – A property.

Value of the Property hereby Released is Rs.10,00,000/-


IN WITNESS WHEREOF THE PARTIES HEREIN HAVE SIGNED AND
EXECUTED THIS DEED ON THE DAY, MONTH AND YEAR FIRST ABOVE
WRITTEN IN THE PRESENCE OF FOLLOWING WITNESSES:

1.________________________
(T.Sharmila)
2._______________________
(T.Sharmila as natural guardian
of minor daughter S.R.Tamiraa)

WITNESSES:
1.

2.

Drafted by:

G.EZHILARASAN, Advocate
(Enrl No.757/1989), No.165, Alsa Regency,
Eldams Road, Teynampet, Chennai 600018
Mob: 7358768442.

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