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Cancellation of agreement to sale

(Querist) 03 November 2012 This query is : Resolved 
i booked a bungalow in a coperative society and made the payment towards bungalow and share in that cooperative society. The payment was made out of my contribution and loan from a bank for purchase of bunglow. The society had a sale agreement with me, & also issued an allotment letter to me. All this original documents were taken by bank for grant of loan.In addition to this an undertaking was also obtained by the bank from the society that the bunglow cannot be transferred without permission of bank and on registration the original deed would be forwarded to bank. That after 1.5 yr the society transferred the total consideration amt paid by me to my bank account and cancelled the allotment and sold that bunglow to some other person. No cancellation was intimated to me but i acknoledged the payment. That i came to know about this resale by the society from the bank as my loan with the bank turned npa. Now how can I claim damages from the society although they have returned me the whole consideration amt which was acknoledged by me. the case relates to 6 yrs back. what is my remedy ??
ajay sethi (Expert) 03 November 2012
you have no case . agreement cancelled by society . money was refunded to you . you accepted the full amount of refund without protest . 6 years have lapsed . now you can only twiddle your thumbs .
manish mundra (Querist) 03 November 2012
Not satisfied as limitation period is not expired
ajay sethi (Expert) 03 November 2012
why dont you contact a local lawyer ? show him the papers of your case and take a written opinion .
manish mundra (Querist) 03 November 2012
Thanks Mr Sethi. I am going to that. I just shared this to garner some opinion.
ajay sethi (Expert) 03 November 2012
you will have to answer what were you doing for 6 years . why you kept silent for 6 years after accepting money . any how best of luck .
R.K Nanda (Expert) 03 November 2012
contact local lawyer.


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