Deed of release and discharge

[On an e-stamp certificate of Rs (value) purchased in the name of (the Releasee) in the State of (State)]

DEED OF RELEASE AND DISCHARGE

THIS DEED OF RELEASE AND DISCHARGE is made at [Place of signing the deed] on this [Day of signing] day of [month, year]

Between

(1) [Releasor's name], a company incorporated under the Companies Act [year], CIN [CIN], PAN [Releasor's PAN], having its registered office at [Releasor's registered office address], represented by [name, designation] duly authorised by a resolution of its Board of Directors dated [date] (hereinafter referred to as the “Releasor”, which expression shall, unless repugnant to the context, include its successors and assigns) of the ONE PART;

And

(2) [Name and full description as above] (hereinafter referred to as the “Releasee”) of the SECOND PART;