1) it is necessary to peruse the agreement signed by family members to advice

2)4 month time would be from date of agreement and not from payment unless there is clear provision in this regard that 4 months should be counted from date of payment

3)purchaser has fairly asked for refund in case deal is cancelled

4)if purchaser moves court then court will grant injunction restraining creation of third party rights pending hearing and final disposal of suit

5) suit will take more than 10 years to be disposed of

6) settle issue amicably with the purchaser and refund the advance money paid

7) let 7 members refund the amount and purchaser can file suit against balance 5 .

8) file suit for partition

1. The date of 4 months is to be counted from the date when the last signature of any of the parties is put on the agreement.

2. If any co sharer is unwilling then leaving his share the rests share can be sold by entering a fresh agreement.

3. Alternatively the buyer can file suit for specific performance of contract on the basis of unregistered agreement. However during trial he will have to pay the full stamp duty and then the trial will commence further.

4. The court is st discretion either to allow the sell or to ask for refund of advance money with interest..

the intending purchaser is likely to approach court if there is dispute amongst the 12 members, he would not allow any dispute to interrupt his purchase. Rs.100/- stamp paper would be grossly insufficient, the purchaser will have to pay up the differential stamp duty plus penalty. only on due compliance will the court hear the case.

1. The purchaser is right. The period of 4 months begins from the date on which the advance amount was paid by him.

2. The above being said, nobody can tell what will be the decision of the court in the event the dispute is adjudicated by it as a courtroom battle has uncertainty written all over it.

3. The sellers should go ahead with the deal as the purchaser has not seemingly done anything illegal.

Hi,

Its not purchaser's fault that the document was not signed earlier and unless & untill a document is signed by the parties to the contract, the contract is not complete. Further, your contract should have clause mentioning the beginning of four months time period for registration.Since it's not purchaser's fault, any court will decide in his favour.

The unregistered sale agreement is not a legally valid document hence it cannot be enforceable. However, you can file a suit for specific performance of contract on the basis of the unregistered document in your possession and should be willing to pay the stamp duty for it if court orders for it.

Alternately you can keep a prayer for refund of the amount paid so far with nominal interest if it is not feasible to enforce the contract.

The dispute between vendors over selling the property will not bind you, it is their problem.

1. No body can say in advance what will be the Court decision in future if any case is filed in respect of the present problem,

2. The Court decision depends on the production of documents as evidence, arguments etc.,

3. In the instant case the terms for cancellation as mentioned in the agreement for sale based on which the advance was paid is of utmost importance and the matter will be decided by the Court based on this agreement for sale which was signed by all the sellers.