A seller is seeking advice after a buyer's post-dated cheques for a land sale bounced, despite the sale deed being registered and the buyer's name being entered in land records. The seller wants to know their available remedies, such as filing a cheque bounce case, requesting cancellation of the sale deed due to non-payment, or pursuing a criminal case for fraud.
15 September 2023
A piece of diverted land was sold and sale deed was registered wherein it is mentioned that the payment will be made in three instalments and accordingly post dated cheques were issued . First instalment cheque was cleared and other two instalment cheques got bounced . Based on the registered sale deed the purchaser got his name entered in the land records
What remedies are available to the seller against the purchaser. Please guide. Thanks
16 September 2023
Cancellation of a sale deed is typically based on certain grounds recognized by Indian law. These grounds may include fraud, misrepresentation, coercion, undue influence, mistake, illegal or void transactions, or non-fulfillment of contractual obligations. Only through court it can be cancelled. Criminal case can be filed against cheating of non payment.