RELEASE DEED

THIS RELEASE DEED is executed on this Eighteenth day of

June, Two Thousand and Sixteen, (18.06.2016):
BY:
1.Madamma
D/o Late Kambaiah,
W/o Late Channamahemaiah,
Aged about 74 years,
Res/ at. No.Byadrahalli Village,
Nelamangala Taluk,
Bangalore Rural District
PIN-562123
2.Gangamma
D/o Late Kambaiah,
W/o Late Madhaia,
Aged about 66 years,
Res/at. Ganakallu Village,
Tavarekere Hobli,
Bangalore South Taluk
PIN-562130
Hereinafter called the `RELEASORS, ( which expression shall
where the subject or context, allows or admits of, be deemed to
include her legal heirs, executors, administrators and
representatives)
IN FAVOUR OF:
1.Krishnamurthy
S/o Late Channamahemaiah,
Aged about 55 years,
Res/at.Ganakallu Village,

Tavarekere Hobli,
Bangalore South Taluk
PIN-562130
Hereinafter called the `RELEASEE (which expression shall where
the subject or context, allows or admits of, be deemed to include
their legal heirs, executors, administrators and representatives)
WHEREAS, the parties were the joint owners of the land bearing,
a) All that piece and parcel of the Agricultural property which
is morefully described in the Schedule hereunder and
hereinafter referred to as the SCHEDULE PROPERTIES.

WHEREAS, initially the Releasee No.2 & 3 and later on the

Releasee 1 to 3, have entered into certain arrangements in respect
of the Schedule Property and certain work in carried out in the
open in the Schedule Property, without impediment from any
person whatsoever, including the Releasor herein. However, of late
the Releasor is claiming a share in the Schedule Property.
WHEREAS, there afterwards, the parties had several sittings and at
the intervention of well-wishers and friends, the parties have
agreed to settle the outstanding issues between them and have
decided to reduce the same into writing and this Release Deed is
executed as hereunder:
NOW THIS DEED WITNESSETH:
1.
That in pursuance to the nature and circumstances under
which the parties are placed and the larger interest of the joint
family and the relationship between the parties, the Releasor has
agreed to Releasee her entire undivided right and interest, if any, in
the Schedule Property in favour of the Releasee on receipt of the
payment
of
a
sum
of
Rs./-

(Rupees..only) in full and final settlement of all

her claims.
2.
That the Releasee, without prejudice to their rights, have on
this day paid a sum of Rs/- (Rupees
Only) by way of Demand Draft bearing No..dated
drawn onin full and final settlement of all
claims of the Releasor, before the witnesses attesting hereunder.
3.
That the Releasee is already in possession of the Schedule
Property and the Releasor is not in possession of any portion of the
Schedule Property. However, the Releasor declares that she has
delivered symbolic possession of the Schedule Property on this day
to the Releasee herein.
4.
The Releasor declares that except the Releasee, none else
has any right, title or interest over the Schedule Property and the
Release are the absolute owners of the Schedule Property.
5.
The Releasor declares that hereinafter the Releasee shall pay
all taxes and other payments to the concerned departments in
respect of the Schedule Property.
6.
The market value of the share of the Releasor in the
Schedule Property is Rs../- (Rupees . Only)
and a stamp duty of Rs/- (Rupees Only) is paid as
per the provisions of the Karnataka Stamp Act, 1957.
SCHEDULE PROPERTY
1. All that piece and parcel of the agricultural land in survey
No. 15 measuring 1 acre 06 guntas out of 3 acres 26 guntas,
situated at Ganakallu village, Tavarekere Hobli, Bangalore
South Taluk,bounded on:
East by
West by
North by

:
:
:

Properties of Kamaiah
,
Schedule property fallen to the share of -Kere Rasthe(Tank Road)

South by

Land of Seshaiah, Ganaganarasaiah

2. All that piece and parcel of the agricultural land in survey

no.49/1 measuring 0.35 guntas situated at Ganakallu village,
Thavarekere Hobli, Bangalore south Taluk, bounded on the
East by
West by
North by
South by

:
:
:
:

Land of Gangaiah
Land of Muniyappa
Land of Hanumanthaiah
land of Gaganarasaiah.

3. All that piece and parcel of the agricultural land in survey

no.13/8 measuring 0.06 guntas situated at Ganakallu village,
Thavarekere Hobli, Bangalore south Taluk, bounded on the
East by
West by
North by
South by

:
:
:
:

Gramathana
Land of Kambaiah
Land of Hanumanthaiah
land of Gaganarasaiah.

4. All that piece and parcel of the agricultural land in survey

no.28/2 measuring 0.08 guntas out of 0.18 Guntas, situated
at Ganakallu village, Thavarekere Hobli, Bangalore south
Taluk, bounded on
East by
West by
North by
South by

:
:
:
:

Land of Siyappa
Land of Muninarasaiah
Land of Lakshmaiah
Schedule Property fallen to the share of

5. All that piece and parcel of the agricultural land in survey

no.26/8 measuring 0.15, situated at Ganakallu village,
Thavarekere Hobli, Bangalore south Taluk, bounded on the
East by
West by

:
:

Katte
Land of channegowda

North by
South by

:
:

Land of Muninarasaiah
Land of Ganganarasaiah.

6. All that piece and parcel of the agricultural land in survey

no.16/1 measuring 0.10 guntas out of 0.20 Guntas, situated
at Ganakallu village, Thavarekere Hobli, Bangalore south
Taluk, bounded on the
East by
West by
North by
South by

:
:
:
:

Land of Madaiah
Land of Hanumanthaiah and Siyappa
Land of Lakkaiah
Schedule Property fallen to the shareof

7. All that piece and parcel of the agricultural land in survey

no.26/8 measuring 0.15, situated at Ganakallu village,
Thavarekere Hobli, Bangalore south Taluk, bounded on the
East by
West by
North by

:
:
:

South by

Government Road
House of Madivali Kariyappa
Properties of Muninarasaiah and
Ganganarasaiah.
Government Road measuring 40x30 ft

IN WITNESS whereof, the Releasor & the Releasee hereto have

signed this deed on the date, month and year first above written.
WITNESSES:
RELEASOR
1.
1.
2.
2.
3.

RELEASEE
Drafted by :