Hi sir, To bought a land I gave 100000 as booking amount. But due to financial problem I am not able to pay rest amount so I cancelled the booking. But they are saying they will only give 50% amount. I didn't sign any agreement. Please help me what to do.
cheque payment ? can you establish the reason of payment and terms ? normally booking amount is forfeited by the land lord in case buyer fails to pay the rest amount. it also depends upon terms of sale.