Hai Everybody
Can anyone please suggest how to
cancel an irrevocable Agreement of sale cum GPA . does AGPA has certain
period of validity . I have registered my property in 2006 but as i not
recieved my payments and the agreement holder is also not responding to
your calls . can i go for cancellation. or Please Suggest any Remdy ?
Hi Mr Raja
If you have received some advance amount of sale consideration from the proposed buyer under the agreement to sell , you can make out case for filing a suit for specific performance of contract. Further, if you had registered the agreement to sell as mandated u/s 17(1)A of Registration Act,1908, your rights under the agreement to sell would have been well protected u/s 53A of Transfer of Property Act. I think you can file a suit for specific performance of the contract. However, I am baffeled to understand the concept of Agreement of Sale cum GPA . Can there be document like that?
