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Rucha Pawar (legal executive)     27 April 2022

Release deed

Dear Sir's ,
We had executed one Mortgage deed of different properties of different owners, and all the owners were present at the time of mortgage deed for execution now as we have to execute the release deed , the presence of all the owners are necessary? or can we represent them through power of attorney.


Learning

 3 Replies

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 )     27 April 2022

A registered Release Deed cannot be cancelled under normal circumstances. However if there were to be any undue influence and if it was executed under duress like coercion, threat or fraud, then one has to file a suit in court to cancel the Release Deed.

Rucha Pawar (legal executive)     27 April 2022

sir, my query is that the 8 different owners of different properties have executed one  mortgage deed ,

now whether those all the owners necessary to remain present for relinguishment deed i.e. release deed

.or any of one or two of  them can also execute the release deed alongwith the bank.

P. Venu (Advocate)     27 April 2022

The facts posted are less than convincing.


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