Bond paper validity

Mahendar reddy (Querist) 31 December 2015 This query is : Resolved
Dear sir we booked 2 plots and owner wrote a notary bond paper that "i receaved total amount after NA ( land conversation) I will give 2 plots " but already 4 years completed still land is not converted . my problems is some one saying bond paper valid 3 years . and some saying that if total amount received means it value lifetime. Which one is true.

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kavksatyanarayana (Expert) 31 December 2015
Though 4 years lapsed and notarized, file a case against the builder/owner by approaching a counsel who have knowledge in this type of cases.

P. Venu

(Expert) 01 January 2016
The query, I am afraid, lacks clarity,

Kumar Doab (Expert) 01 January 2016
Apparently no limitation has been set, in agreement and receipt.

You may show all documents to an able counsel specializing in such/property/revenue/civil matters.

Rajendra K Goyal (Expert) 05 January 2016
Consult local lawyer and proceed.

T. Kalaiselvan, Advocate Online

(Expert) 08 January 2016
Yours is an unregistered agreement hence it may not be admissible as evidence in the court of law therefore it is a doubt that the case will be maintainable, however you can seek alternate relief of refund of the consideration amount already paid by making the agreement as a receipt for receiving the consideration amount.

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