Bond paper validity
Mahendar reddy
(Querist) 31 December 2015
This query is : Resolved
Dear sir we booked 2 plots and owner wrote a notary bond paper that "i receaved total amount after NA ( land conversation) I will give 2 plots " but already 4 years completed still land is not converted . my problems is some one saying bond paper valid 3 years . and some saying that if total amount received means it value lifetime. Which one is true.
kavksatyanarayana
(Expert) 31 December 2015
Though 4 years lapsed and notarized, file a case against the builder/owner by approaching a counsel who have knowledge in this type of cases.
P. Venu
(Expert) 01 January 2016
The query, I am afraid, lacks clarity,
Kumar Doab
(Expert) 01 January 2016
Apparently no limitation has been set, in agreement and receipt.
You may show all documents to an able counsel specializing in such/property/revenue/civil matters.
T. Kalaiselvan, Advocate
(Expert) 08 January 2016
Yours is an unregistered agreement hence it may not be admissible as evidence in the court of law therefore it is a doubt that the case will be maintainable, however you can seek alternate relief of refund of the consideration amount already paid by making the agreement as a receipt for receiving the consideration amount.