Collateral immovable property sold without clearing the dues

Querist : Anonymous (Querist) 25 February 2018 This query is : Open
As My late grandfather has kept his immovable property (land 45 acres) for collateral in the year 1960 with the state goverament for doing governament contract and he died in the year 1975
with out clearing the dues . Now my father has sold same immovable property in the year 1980 by way of plots throuth registered sale deed with out clearing the dues at the rate of Rs 10/- a squar yard as per goverment rate.now the government had issued showcase notice to my father to clear the dues, now we want to refund the amount to plots owners which my father has taken at that time or the present value of the goverment rate, can we.because my has cheated the plot owners and the goverment can we cancel the sale deed done inthe year 1980

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