Builder sold land owner share

ashok (Querist) 02 February 2016 This query is : Resolved
sir,

land owner and developer executed a development agreement cum gpa.

the builder have only 60% share and land owner have remaining 40%.

land owner living in usa.

builder sold away the including land owners share.

how to take action.

Follow Query

Report Abuse

Devajyoti Barman (Expert) 02 February 2016
The landowner can take the builder to consumer forum and seek compensation , share in profit and damages.
He can file case of cheating and fraud as well.

P. Venu (Expert) 02 February 2016
A civil action would be a better course.

Rajendra K Goyal (Expert) 02 February 2016
Civil action can be taken as per terms of agreement.

Criminal action on the basis of fraud and cheating can also be initiated.

Dr J C Vashista (Expert) 04 February 2016
I agree with the expert advise of Mr. Rajendra K Goyal.

H.M.Patnaik (Expert) 08 March 2016
SINCE THIS IS A MATTER RELATING TO TRANSFER TITLE OF IMMOVABLE PROPERTY AS WELL AS VIOLATION OF AGREEMENT , CIVIL SUIT IS TO BE INITIATED AGAINST THE DEFAULTING PARTY AS A PROPER LEGAL RECOURSE.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now