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Contract

(Querist) 28 May 2016 This query is : Resolved 
Sir,
Recently i was intrested in a flat in himachal pradesh and i signed the contract with owner and given the initial amount of 5 lacs out of 60 lacs.now somebody told me dont buy that flat and now i dont want to purchase that flat bt already signed the contract with owner.so is there a way that contract could be void and i can get the remaining amount.

Regards
Sagar
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Advocate Bhartesh goyal (Expert) 28 May 2016
Contract can be cancelled subject to terms and conditions of agreement.
Sagar (Querist) 28 May 2016
If i cancel the contract...can i get the amount back if suppose contract says that amount wont be given.
Kumar Doab (Expert) 28 May 2016
Prferably, Settle amicably
Rajendra K Goyal (Expert) 28 May 2016
If no amicable settlement, whether money would be returned or not depend on terms of agreement.

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