Given your situation, where you hold a share in an agricultural plot along with three other co-owners, and only two sellers received money under the agreement while you and another member did not, your concerns about unauthorized sale and share division are valid.
Issuing a public notice declaring a dispute about division and percentage shares among owners was appropriate to put third parties and buyers on notice of the unresolved ownership issue. Since you have no valid agreement for sale and did not receive any consideration, the sale deeds executed by the other three owners without your consent or involvement raise legal questions.
Regarding the legal action:
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Your partition suit is the proper legal remedy to establish clear ownership shares, seek division of property, and protect your rights as a co-owner under Indian law.
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The specific performance suit filed against you challenges your refusal to sell, but since co-owners cannot be forced to sell without your consent (except in some rare circumstances under partition law), your defense is strong if you can show disputes on title, share, and consent.
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The fact that the sale deeds have been executed based on a lower agreement value when the market value and ready reckoner value are higher may give you grounds to challenge undervaluation and possible collusion.
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Courts generally recognize that each co-owner has the right to partition and prevent unauthorized alienation of their share without consent. Any sale without you may be set aside by the court.
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Your chances of justice depend on presenting strong evidence of your ownership share, non-receipt of sale consideration, your public notice, and discrepancies in sale documents.
It is advisable to diligently pursue the partition suit, gather documentation of your share, payment records, communications with co-owners and buyers, and highlight procedural irregularities in the sale deeds.
Engaging experienced property litigation counsel is essential to navigate the specific performance suit, protect your ownership rights, and seek appropriate relief including injunctions.
This advice is based on your provided facts and is confidential under attorney-client privilege. For detailed legal strategy and representation, you may engage our professional services.