You are on page 1of 1

This gift deed made on 23rd May 2023, between

Mrs. Gorithota Hemalatha, aged 57 years and who is a resident of Door No: 1-93, Big Mosque Street, OldPet,
Palamaner, Chittoor District, Andhra Pradesh, PIN Code: 517408 hereinafter referred to as the Donor. and Mr.
Bhavani Sankar Kandhala, aged 29 years and resident of Door No: 1-93, Big Mosque Street, OldPet, Palamaner,
Chittoor District, Andhra Pradesh,PIN Code: 517408 hereinafter referred to as the Recipient.

In consideration of natural love and affection and no other consideration towards the recipient who is the
biological son of the donor, the donor hereby assigns to the recipient a sum of INR 350000 to be held by the
recipient absolutely. The funds of INR 350000 amount vide cheque number 000007 drawn on Union Bank #17-35,
Ground Floor, Maremma gudi street, Palamaneru, Andhra Pradesh, PIN Code: 517408, dated 22nd May 2023, has
been donated unto the recipient and has been physically handed over to the recipient as absolute owner before
execution of the gift deed.

The said gift of INR 350000 has been accepted by Mr. Bhavani Sankar Kandhala. The recipient has been saving his
earnings for the last few years with the donor Mrs. Gorithota Hemalatha and has got them back from the donor
under this gift deed. The donor from this date reserves no right or interest on the said sum hereby gifted which
shall from the day gifted be the sole and exclusive property of the recipient who can do with it as he pleases.

The parties have put their respective signatures on this deed in the presence of witnesses.

Donor Signature Recipient signature

Date: Date:

You might also like