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Bank agent is asking unnecessary demanding the cancellation charges


21-Jul-2025 (In Recovery Law)
I planned to sell my flat due to relocation and health issues. A buyer from NoBroker agreed at ₹1.12 Cr and paid ₹1L token. Possession was to be given on final agreement or loan takeover. Later, he insisted on early possession after paying only ₹10L by cheque. Due to this, I returned the token. He is now demanding ₹17,990 as loan cancellation charges without receipts or proof. I'm under medical stress. Please advise how to handle this legally.
Answers (1)

Answer #1
566 votes
The buyer violated the agreed terms by demanding early possession without executing the final agreement or loan takeover. Since you refunded the token, his demand for ₹17,990 without proof is not legally valid. You are under no obligation to pay such charges. If he continues to harass you, consider sending a legal notice and filing a police complaint for intimidation. Maintain all written communication and proofs of refund to protect your position in case of any future dispute.
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