Advice & query
Bhika Reghiwale
(Querist) 21 September 2015
This query is : Resolved
Thr
I took a loan fm money lender by executing the sale agreement of my agricultural land. Time given for sale deed is 5 months Received amt by cheque. Agreement is notarized. At the rate of 10 % /m
After a gap of one month He came to execute a time extension bond for required 4 months more time. It is clearly written that time is demanded by him for his work only in it. It executed by us.
After expiry of this time , again He came to me for time extension bond after a 4 months gap and taken 5 months extension of time.
In it also He stated the same that the time is demanded by
him for his work only.
Later after 27 months fm initial date of execution of the agreement to sell , He served the notice & gone in civil court by filing a suit During this period He earned twice thrice , land prises also gone twice thrice . Hence He did not come for sale deed any time. And He is having no other proofs also except bank statement + agreements.
     Please advice me by any case law for my defence . It may be treated as urgent. On the contrary , I am having proofs of his money lending without licence in case of the main witness . Who is a witness in this agreements ( its a documentary certified court's proof.) .please advice me .
P. Venu
(Expert) 22 September 2015
Is the agreement registered?
Bhika Reghiwale
(Querist) 23 September 2015
No not registered its a notsrised only.
P. Venu
(Expert) 01 October 2015
It appears that you had been paying the interest to him. If so, you adopt the pleading that you had returned back the money in instalments together with the nterest at exhoritant rate, as demanded by him.
Bhika Reghiwale
(Querist) 02 October 2015
Sir
It is a real fact you have pointed out.!
I shall plead it , as per your advice only.
I am very happy & glad.All my burden is
Reduced now.l can sleep healthy now.
Thanking u a lot.
