Querist :
Anonymous
(Querist) 03 September 2017
This query is : Resolved
Hi, I had a flat in Pune which I wanted to sell. An interested party approached me and wanted to buy my property. They gave a token amount of 2lacs through cheque. However they did not do the MOU and no written agreement was done. Now i want to cancel the deal for some reasons and I am ready to refund the token amount of 2lacs but the party is not accepting the amount and demanding for 4lacs instead of 2lacs paid by them. They are threatening us to lodge FIR against us for fraud. Request your expert opinion on the matter. Thanks.
Querist :
Anonymous
(Querist) 03 September 2017
Please advice.
R.K Nanda
(Expert) 04 September 2017
no reply to anonymous query.
R.K Nanda
(Expert) 04 September 2017
anonymous queries are headache for experts.
Adv. Yogen Kakade
(Expert) 04 September 2017
In your case, the other party can not file any FIR against as there is no breach of contract as there was no contract executed between both of you. Do not worry, your liability shall be for the money you had accepted. Even if you do not pay those 2 lakhs, the only option for the other party to go to the civil court for recovery.
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