double registration
ram
(Querist) 15 November 2009
This query is : Resolved
sir,
i MD of construction firm sold about 40 independent houses and recieved cheques through a nationalised bank,then 8 of the property holders approached me to resale their property to other parties inspite of being loan theirwards .i sold that property on my behalf of my firm,as first property holder said he will close the loan. in that way i again received cheques through other bank through MOU by first property holder by development agreement ,this time we sold for about 2 lakhs more then first price i gave original price to first party and gained 2 lakhs profit on each house ,but the first property holder did'nt close his loan as promised and the docments are in first bank only .
so please guide me how to approach and what to do?
thanking you,
ram
