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Capital Gain Case

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Case briefing

In 1975 A entered into unregistered agreement with B for sale of land amounting to Rs. 80000.
At the time B paid 10000 as token money.

In 1982 Both entered into Registered agreement in court and at that time B paid another 20000.

Now at the time of benama A refuse to do benama in tbe name of B and matter went into court.

Court issued show cause notice to A and A didn't appear in the court. Court on the grounds of fact made ex-parte benama in the name of B on the condition that B has to pay balance 50000. B has paid the amount and benama was done.

later A move against the benama in upper court and get stay against lower court order.

later in 2021 Both party mutually decided to resolve matter on the condition that A has to pay 2 Crore as consideration to B and B has to withdraw registered agreement that was entered in 1982.


Note:- The land in the dispute were under lease with other party at the time of entering into agreement.
Replies (1)
Yeah.
Must pay the amount mentioned in the deed through account.


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