One partnership firm was created consisting one me and 3 other equal partners ( which are real brother) with a unregistered deed and we applied for a institutional plot with Greater Noida authority in 2003 and a reservation letter was issued and reservation money was also paid from firm account.
Just before issuing the allotment letter all partners were call by than officers and told that property can not be allotted to unregistered firm hence it is being made in the personal name of Authorized signatory which is me.
It was all verbal and allotment letter was issued in my personal name and partners told me to carry on in my personal name and there after allotment money was paid from my personal account and there after it was subject to a Govt enquiry for nearly 5 years.
Later on entire payment was made from my personal account and and lease deed was registered and legal possession was given by authority to me in 2009.
In year 2011, partners woke up went to authority and made hue and cry that I have got this property registered in my personal name by indulging with Authority officials and asked for a correction deed in the name of FIRM and took the plea that reservation letter is in the name of Firm.
Authority took no time, ordered a enquiry and there legal department went with the plea of partners and recommanded execution of correction deed. ( ihave seen noting in the file 6 months ago but no letter is issued yet.
I offered to patch up with partners and asked them to make my payment along with 12% interest , initially accepted later said they will give money after correction deed , when I said no they said they will pay interest and also out of pocket expenses.
Need to be guided options avilable for me,
1-can Authority register the property in Unregistered partnership firm
2-Legal officer of authority is right in his recommandation.
3-Can I be forced to sign the correction deed.
4-CAn authority cancel the alotment saying there was a mistake on their part.
5- Is this case not time bar ?
