My friend went into agreement, which was unregistered for purchase of a society flat in ghaziabad, Uttar Pradesh. The date of mentioned in the agreement has elapsed. Now he has received a show cause notice from the collectorate department / DM's office for the recovery of an amount to the tune of Rs. 1.5L. The agreement could not be executed as he could not manage to garner the funds for the purchase of flat and as such this agreement stands cancelled.
My query is
what will happen if he sits silent on this notice received from the DM's office / collector's ofice as the execution of the agreement has not taken place due to non arrangement of funds?
is he still liable to pay the recovery amount of 1.5L even though he has not purchased the flat?
how will this issue be settled?
pls. reply asap
