Law on token money refund for leave & license agreement

If he has cancelled the deed by himself and if you have proof of that, then you have no need to refund the token money.  If agreement has any specific caluse that you should refund the token money in the event of formal contract has been signed, then you should pay back token money, otherwise not.  If he insists to go to court, let him do so.

I have no idea on the legal clause and their litications. I would suggest you to follow the blogs of SEO Services Hyderabad as there you can find the appropriate help for any case. You can also talk to the legal firms for more details.