Dear Sir,
For selling our Land Rs. 14,50,000 is the Consideration Value mentioned in Sale Deed, to reduce the stamp Duty to be Paid.
Actual Sale Price we sold and buyer agreed is Rs. 26,00,000/- which is the Market Price that the buyer agreed to pay us. Out of which he has cleared Rs. 9,00,000 through 1st cheque + Rs, 7,50,000 through RTGS in total Rs. 16,50,000, which is 2Lakh more than the Consideration amount shown in Sale Deed.
For rest Rs. 9,50,000 He had given two cheques, both he has stopped in the Bank, One cheque is mentioned in the Sale Deed as part of the consideration amount,
Please Let me Know if we can claim the Sale Value to be 26,00,000 in the civil court suit for recovery, as we have signed on the Sale Deed on stamp Paper that we are selling our land for Consideration of Rs. 14,50,000 with two attesting witnessess, particularly if the two witnessess testify on our side?
To put cheque bounce case also we required to show the liability on the buyer as the buyer himself stopped payment of cheques and not due to insufficient balance.
Please help me on what can be done in this situation to recover our money, as we sold land due to medical expenses of my mother, and we need the money badly.
