Pam 31 July 2017
Kumar Doab (FIN) 31 July 2017
Take back your money and buy peace of mind.
Siddharth Srivastava (Advocate) 31 July 2017
You have the following option:-
1. To get issued notice asking the sellers for execution of sale deed and if they donot comply then file suit for specific performance of agreement to sell ,
2. To issue notice and demand back the paid part consideration along with interest and if sellers do not comply with the notice then file suit for recovery along with cost and interest.
In the light of given facts, option first is the best remedy. At the time of subsequent charge created by seller is malafide and the liability vest with seller alone.
In case of need consult with details.
Kumar Doab (FIN) 31 July 2017
You do have the above mentioned options,,,
Advocate Ravinder (Advocate/Attorney) 01 August 2017
Since you are telling that they have taken loan, it might be through registered mortgage only. The registered document will have conclusive rights. Whereas the Agreement of sale will have limited rights only. Hence, the registered document will be given top priority. You have only one option to recover the money whatever you paid. However you can ask for interests, damages and legal expenss along with Consideration amount.
Kumar Doab (FIN) 01 August 2017
It is always wise to get Principle first............and agitate for everything else later...