House occupied not closing the sale House occupied not closing the sale

3 years ago

Hi,
I have a house in a gated community in Chennai, which I wanted to sell, which is under house loan. One buyer approached me with a request to differ the registration for few months till April 2020, till that he would pay the EMI on behalf of me instead of rent, also he promised to make some partial payment in between. we had an agreement on 100/- bond for the same. Due to COVID, we went with moratorium. Now the bond period is elapsed, when I ask him for closure, he is giving some excuse and not even paying the part payment as agreed. Please advise how to proceed with this. Should I opt to go with NPA with the bank so that they proceed with needed action as a last resort?

Kishan Dutt Kalaskar

Responded 3 years ago

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A.Dear Sir
You may approach civil court as your bond have 3 years limitation period.
Please give me RANK FIVE (5) if my answer satisfies you.
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Suneel Moudgil

Responded 3 years ago

A.why opt for the NPA?
1. you can serve him a legal notice through a lawyer to perform his part of the agreement,
2. if the needful is not done despite service of the legal notice, you can file a civil suit for the specific performance of the agreement,
3. chat, call records, WhatsApp record, stamp paper, if relevant, can prove your case and are admissible as an evidence
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