Legal Question in Real Estate Law in India

RECEIPT

I (B.PAVAN S/O. B.SHANKAR) HAVE RECEIVED A SUM OF RS. 30,00,000/- (RUPEES THIRTY LAKHS ONLY) FROM MM/S MALLIKA CONSTRUTIONSPVT LTM THROUGH CASH TOWARDS ADVANCE SALE FOR HE PLONT NO.66 ADMEASURING 1000 SQUARE YARDS SITUATED AT CHEVELA VILLAGE AND GP,R.R.DISTRICT.THE RATE PER SQURE YARD IS RS.10,000 ONLY .

THIS IS THE MATTER ,DOWNWARDS MY SIGNUTURE IS THERE ON THE TWO REVENUE STAMPS ARE THERE OF RS.100 .THIS SIGNATERE HAS DONE ON 5 JUNE 2007 . THE TOTAL MATTER IS ON THE WHITE PAPER . THIS IS THE RECEIPT THAY HAVE GIVEN ME .TILL NOW TWO AND HALF YEAR OVER .YESTERDAY I HAVE QUESHIONED YOU

HAVE SENDED THE ANSWER . SO , THAT RECEIPT THAT IHAVE GOTTED .SO PLEASE SEE THIS AND GIVE SUGGESINS PLEASE SIR WITH REQUEST SIR...

3 years back, 5th june 2007 i have kept my 1000 yards for sale, then one buyer came, then we have comitted for 80 lakhs for that 1000 yards,then he had given me 30 lakhs,and then he had given me receipt of 30 lakhs,he told that he will be give total amount in 45 days,then he had given 30 lakhs in 10 days , after that he is telling that he need not to buy that 1000 yards idon't want that land give money back,then we have invested that 30 lakhs for our personal use ,now we are not having money,now the buyer he is disturbing to give money back,he had given only receipt that he had mentioned in the receipt that he had agreed for 80 lakhs,and giving this 10 lakhs money on a 25 june 2007,thats all he mentioned and given me 30 lakhs, till now the present date:14 march 2010;the buyer is disturbing to give money back.now the queston is that till now 2nd half year over that had given me money,we did not given money ,whether any right that buyer can take action on me.i dont want to give money . i considered one advocate he told after 3years the buyer cant take any action on me .is it right or not ? i dont want to give money , it is just receipt , give me suggestions please sir.... thank you .


Asked on 3/15/10, 12:01 am

1 Answer from Attorneys
RAJIV GUPTA (Cell: +91 9811284735) [email protected]

in such a situation, you need to send the scanned copy of the receipt and agreement to sell, if any in your possession to your lawyer or can also send a copy to me on [email protected]. after going through the documents only, it can be ascertained whether you liable to pay the sum or not.

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Answered on 3/15/10, 12:10 am


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