Conveyance deal
sharon
(Querist) 14 October 2015
This query is : Resolved
the case is 8 years old regarding a land, it was in the high court and now transfered to the city civil court. the agreement with him was made by my father and then a supplement agreement was made by taking my mothers and my signature (when i was 17),saying that the property will be transfered in ur name. the land was then sold to the second builder thinking that the facts are disclosed and proper paper notices given, but instead of comming with the documents the old builder filed a suit for specific performance after some 13 years of the agreement.and now the third party is insisting that we make a conveyence deed in his name and we are afraid that he may file a complaint against us for cheating him.what do i do, i am ready to return all the money with interest of the first party whatever was taken by my father(if taken..this is what the first builder says)..how do i go about it???
ABDUL RAZIQUE
(Expert) 15 October 2015
you may go to arbitration with party
T. Kalaiselvan, Advocate
(Expert) 17 October 2015
Without knowing the background details, it will be hard to give any concrete opinion to your query, however, if there is a possibility for an amicable settlement, you may negotiate one in everyone's interest and settle the issue amicably.