To inquire if the Deed of Compromise exists and if so, can it be executed
Continuation:
Apr 13, 2022 ( Sub : To seek advice for the Deed of Sale of previously existed flat )
I "Ashish Bhaskar Patwari", aged 38 Yrs reside at City Dombivli of District Thane & Taluka Kalyan.My father had purchased the flat which used to be there in area Dattanagar , Ayre Road of Dombivli City. The name of the Building was "Heramb Building".
My father Mr. Bhaskar S. Patwari did expire on date Sep 29, 2012. The flat was not transferred upon the name of legal heir. The said building was demolished in the year 2021 of month August.Hence, we all legal heirs gave an advertisement in the Newspaper dated Apr 23, 2022 ( News HUB and ThaneVaibhav) to transfer the rights for the sale of unobstructed land in the name of our mother. The certificate of legal heirship is received for the same from the lawyer.
The Building was declared as in Danger in year 2018 of Month February & was demolished in the year 2021 of month August. The certificate of Demolition for the same is acquired from K.D.M.C. in the year 2021 of month November. Also, the Certificate is acquired from KDMC stating our unobstructed rights in case of Redevelopment Project dated Nov 10, 2021. When the building was to be demolished , my family was not sent any Legal Notice by court and rather the notice was sent to Owner of the Building. I do not know whether the Notice was sent to any of other Flat Owner in the Building.
Now, because the above mentioned “Heramb” building does not exist, the Heirship Certificate obtained from lawyer do entitle us to contribute in Redevelopment Project. In today's date, me and my mother need to Surrender from the Redevelopment project because, we do not have sufficient funds to pay for the project. However, the lawyer said is that , when the building is demolished by K.D.M.C. , entire rights of flat owners are nullified upon the land where the building was residing previously. Further he said that, still the builder is ready to pay you the amount decided as a compromise for which the Deed of Compromise will be signed.
I am completely unaware about the name of such deed named “Deed of Compromise”. Is it safe to carry out this deed ? Will this deed in future does not make any issue in terms of Payment Block because the same is considered as “Deed of Compromise” ?
I shall be grateful to any one of you if you provide me your Email address so that I will Email you the respective documents obtained from KDMC and Certificate and Legal Notice published in Newspaper. I am ready to pay you the fees for the same.
Asked 3 years ago in Property Law
Religion: Hindu