Domnic Konar 22 January 2020

sale deed cancel

Respected
Sir /Madam
I have excuted a sale to purchaser but he failed to make payment after registration (cheque bounce). I would like to know how to cancel the sale deed.

thanks

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Quick Summary

If a buyer fails to make payment for a property after the sale deed has been registered, and the cheque has bounced, it's possible to cancel the sale deed. The recommended legal course of action involves filing a suit for cancellation of the sale deed and simultaneously lodging a complaint under Section 138 of the Negotiable Instruments Act (NIA). It is advisable to consult a legal professional promptly to issue a legal notice and initiate these proceedings.

2 Replies

Real Soul.... (LEGAL) 22 January 2020

You need to file suit for cancellation of sale deed,and also file for 138 NIA complaint.

Real Soul.... (LEGAL) 22 January 2020

how come you trusted just with out receiving the payment you get the document registered, Meet a lawyer and issue legal notice under NIA 138,and mentuion the deal of land. Meanwhile file suit for cancellation of sale deed and damages. Don't delay any more.

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