Receipt by Retiring Partner

Receipt by Retiring Partner

I, the undersigned AB, of, etc., (retiring partner) hereby acknowledge to have this day received from CD of, etc., (continuing partner), the sum of Rupees ……… (Rs. ………) only being the full amount of all moneys due or owing to me in respect of my share in the partnership business of etc., carried on under the firm name of, etc., by me in partnership with the said CD up to the ……… day of ………, the date of my retirement from the said partnership.

Signed, etc.

Witness:                                                                                                                       AB