Release Deed By The Retiring Partner Of A Firm


A Deed of Release is a document used to settle disputes between two parties or prevent them from arising. Typically, under such a document, one party undertakes to pay a certain amount or to do a specific act. The other party then agrees that it will be prevented from making any further claims related to that matter. The document is also used when there may be a mutual release of liability between the parties so that both parties agree to release each other from all future claims on the basis that they have reached a settlement.

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