LCI Learning
Master the Art of Contract Drafting & Corporate Legal Work with Adv Navodit Mehra. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Seller after taking money for the Stilt parking is not giving the parking

Querist : Anonymous (Querist) 06 June 2011 This query is : Resolved 
I bought a resale flat along with a stilt parking in an under construction building which is 95% complete and registered the agreement. The agreement value is Rs. 20 lacs of which Rs. 16 lacs is my loan from a bank .I paid the Rs. 4 lacs which is the margin money by cheque and cash for the Stilt parking in the presense of our brokers who are 4 in numbers.I have got the NOC from the builder in a prescribed format of the bank. Now when I went to transfer the parking in my name the seller is refusing to give me the NOC which is required by the Builder to transfer the parking in my name. The bank has paid him the 95% of the loan amount and the balance 5% is still with the bank. Please suggest what can be done if the seller doesnot give the NOC for transfering the Parking in my name as I had paid him the amount in cash for which I have no receipt.I gave money in front of our agents who are the witness.

M/s. Y-not legal services (Expert) 25 August 2015
anonymous/academic queries can not be answered..


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :