We have sold out a dispute land which was purchased on my mothers name 30 years back. We have the clear EC in hand from the date of purchase - to -at the time of transaction. Now the Buyer is asking to return their money by canceling the transaction as the Land does not belongs to us. What will be the best option to go now ? Returning money by cancelling the registration? Or Registering it again back on my mother s name ?? If I cancel the tranaction,Will the cancellation of the registration affect the good will of the land as it is having a clear title with EC and all ? or Can I proceed with the cancellation? Will there be a time restriction for certain period of time to cancel the transation in Andhra Pradesh Registeration dept?
Please kindly suggest your Ideas and opinions
Thanks