Hi Sir , In the year 1990 my parents have given a amoun tof 5000/- Rs to his friend in turn they have done a memorandum of deposit of title deeds agrrement and in that agreement they have agrred to pay certain percentage of interest as blank (perncetage not mentioned in the agreement) , along with Sale deed original , Link document as EC he has given to my parents , And he didnt turned up till date to repay the amount .
Now today after 20 years as the land rates have increased he is coming back and saying to give back the documents and will repay the amount with some amount .
I am not sure how should i proceed legally on this as he is coming back after 20 years just because the land price has increased .
Here the (memorandum of deposit of title deeds agrrement) was not registered with the registrar as it was in 1990 , They have agreed on a above said agreement by giving the original documents .
Can you please guide how legally we can take up this issue .