Legal Question in Wills and Trusts in India
i accepted a token amount in cheque from the buyer of my flat.on very next day he paid the stamp duty of my flat without any copy of documents and agreement.on the same day i deposited that cheque.due to a sudden personal problem i decided to cancel the deal on the forth day..when i offered him the token money cheque he refused. he threatens me to sue. all that he has is the reciept of token signed by me. I am worried what he would do.. he asked double the token amount only on the third day ..
5 Answers from Attorneys
Yes he has all the right to file a suit for specific performance against you....Please check Sanjay Kalra and Associates on the internet to know more about our law firm and the legal services we are rendering for our clients from all over the World.
All depends on the agreement you executed along with receiving token amount. He has a right to sue you fro specific performance. You ought to show the agreement to a lawyer, only thereafter you can be guided properly.
your total facts needs to be heard for answering query so approach a local good lawyer.
05.01.2013
Dear Friend,
Your only option, if in case the buyer is willing to show leniency towards you, is to quietly offer the buyer the full refund of the token amount and the stamp duty amount paid by him / her for purchase of your flat in Goregaon (East), Mumbai without any "panga".
You are left with no other choice.
Regards,
FCA Prashant Chavan
Mumbai
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