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ranjeesh k s (Designer)     20 March 2011

Rs.20 executed stamp paper controversy

I have a land for sale and a buyer paid Rs.50000 as advance and promised to pay the complete money in 30days and will go for registration on the 30th day.  The same information had been entered on Rs.20 stamp paper and signed by both parties. 

It is 3 months since we signed the paper and he did not make any progress, so I decided to sell to other party.  Now the buyer 1 had filed case in court that the executed stamp paper is valid for 3 years and I should not sell it to anyone other this guy.


My question that it is clearly mentioned on the signed stamp paper that he will pay and register the proper in 30days.  How can he claim that the paper is valid for 3years?  so the content in the paper is not taken into consideration?  Please help.



Learning

 1 Replies

Sri Vijayan.A (Legal Consultant)     22 March 2011

If the clauses in the agreement clearly says that the period is thirty days only, that alone stands.

He cant claim that the agreement is valid for three years.

If he file suit, he cant get succeed, so dont worry.


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