Mutual Releases of Debts and Obligations by Shiva.

Mutual Releases of Debts and Obligations

Release made on the  . . . . . . . . . day of . . . . . . . . . 20 . . . . . . . . .; Between A.B., son of  . . . . . . . . . of . . . . . . . . . of the one part; And C.D. son of . . . . . . . . ., of . . . . . . . . . of the other part:

WHEREAS diverse disputes and differences have arisen between the said A.B. and C.D. concerning the sums due from the one to the other relating to their business dealings and transactions;

AND WHEREAS the said A.B. and C.D. have mutually agreed to settle all their said disputes and differences by the payment of a sum of Rs . . . . . . . . .(in words rupees . . . . . . . . .) by the said A.B. to the said C.D. and by the execution of mutual releases in the manner hereinafter appearing: NOW THIS INSTRUMENT WITNESSES that in pursuance of the said agreement and in consideration of the sum of Rs . . . . . . . . . now paid by the said A.B. to the said C.D. (the receipt whereof the said C.D. hereby acknowledges) and of the premises, the said A.B. and C.D. do hereby mutually release each other from all sums of money, accounts, suits, proceedings, claims and demands whatsoever up to the date of these presents.

In witness whereof the parties hereto have hereunto set their hands the day and year first abovewritten.

S.d. A.B.

in the presence of . . . . . . . . . son of . . . . . . . . . of . . . . . . . . .

Sd. C.D.

in the presence of . . . . . . . . . son of . . . . . . . . . of  . . . . . . . . .