Hi,
I had entered into a sale agreement for the purchase of a plot in kolkata.The sale agreement was done on a Rs 10 Non-Judicial stamp paper on 18th Jan 2010.I paid Rs80,000 as advance and the remaining is to be paid at the time of registration.
The plot is in a co-opertiave society hence I need to obtain approval for tranfer of ownership before I can go ahead with the registration.
As per the agreement the registration was suppose to happen within 3 months form the date of sale agreement but the time limit can extend in case if there is any delay from the co-operative side.
Now the owner has found any other buyer who is offering him more money and he does not want to sell the plot to me anymore.He is asking me to take back my advance and cancel the agreement wheras I want to buy that plot.
The owner has done some is citing reason that the co-operative is not going to approve my membership and hence I should cancel the agreement.He has done some settings with the secretary of the co-operative society because of which even the co-operative is not clearing my memebership application.The co-opertive is not even willing to give me in written that they are rejecting my membership request.
Now I would like to know what action can I take against the owner based on the sale agreement?
Also will the sale agreement on a Non judicial stamp paper hold good in case of any legal action?
Can I take any legal action or serve any legal notice to the co-opertive society.It has been more that a month since i submitted my membership application.
Do i need to register my sale agreement?If yes,then what is the procedure and cost involved.
Kindly suggest me how to proceed in this case.
Thanks
Deepak