Fraudulent sale agreement documents created by loan giver

PRAVEEN KUMAR (Querist) 29 April 2014 This query is : Resolved
Dear Experts,

My Mother - in - law has taken a loan against House documents ( with 10 Rupee Interest) an amount of Rs. 30,000/- in the month of Apr'12. She paid the interest for 3 months and she is irregular to pay the Interest.

Again she borrowed an extra amount of Rs.20,000/- and she signed an empty promissory note and one 20 rupees empty Stamp Paper and empty white papers.

Now the loan giver has given a legal notice stating that she entered a sale agreement on 15-08-12 for selling of the house which was given as security for loan. Total sale consideration for Rs.2,40,000/- and Rs. 2,10,000/- already paid by cash and remaining amount has to be paid at the time of registration. Now he is asking for the registration.

Actually she has taken only an amount of Rs. 50,000/-. Now what she can do to get the house.

Its an urgent

kindly advice us......

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Sudhir Kumar, Advocate (Expert) 02 May 2014
if she signs on blank paper then who will suffer.

Sudhir Kumar, Advocate (Expert) 02 May 2014
meet nearest available lawyer immediately with papers.

Sankaranarayanan (Expert) 02 May 2014
well advised by the expert, find a lawyer

Guest (Expert) 02 May 2014
File a police complaint explaining every thing including about blank papers and loan transaction and first obtain a FIR before going to court.Consult a good criminal lawyer and request to book them for Cheating and Criminal Breach Of Trust.

M V Gupta (Expert) 06 May 2014
Yes. U should file complaint with the police for cheating. If the police do not act, file a private compliant before the Magistrate. It is unfortunate that she gave blank papers with her signature. Pl consult a lawyer before filing the complaint. He would guide u on the contents of the complaint.

Ms.Usha Kapoor (Expert) 12 July 2018
I agree with MV Gupta.

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