Receipt By Creditor For Composition Of Debt Deed Format

Receipt By Creditor For Composition Of Debt

Receipt By Creditor For Composition Of Debt Deed Format

Received on this ……… day of ………, from AB of, etc., a payment from CD of, etc., the sum of Rupees ……… (Rs. ………) only, being a composition of ……… in the rupee upon a debt of Rs. ……… owing by the said AB to me, and which composition I accept in full satisfaction and discharge of the said debt, and I undertake to execute a formal release of the said debt at his request and expense.

Witness:                                                                                                           EF (Creditor)

Receipt By Creditor For Composition Of Debt Deed Format

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