cpc

time period of seller to initiate suit


There is a registered sale agreement in 2002 between x & Y , sale consideration was by cheque , the buyer of the land is deceased in 2003. Seller claims that cheque has dishonoured now with valid proof but has not pursued a legal case yet . Is there a law of limitation for the time frame to nullify and take posession of the property now after 8 years of registration . Legal heir is not clear if his son the purchaser has settled the money in lieu of the dishonoured cheque . The said property is in mortgage which has not been cleared yet with principal and interest outstanding . Pl advice if the legal heir can proceed to sell the property after clearing the mortgage

 
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your query not clear.(Since the buyer is dead} any how the sale agreement is lapsed.  The cheque is also lapsed.  The seller(owner) can proceed to sell the property to any body.

 
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