Page 36 - History of Canopy Classic Buyers
P. 36

SOLD SAME FLAT TO TWO PEOPLE



                    Syed Yasir Rizvi, MD and Zaheer Zahiruddin Ahmed, director of Canopy Estates Pvt ltd
                                   sold the flat; C402 to Arul Kumaran on Nov 11, 2011.
                                   They sold the same flat to N Palani on 02-Mar-2016.

                                        Arul Kumaran had filed a case in civil court,
                             Palani along with others filed a case in consumer court as well as
                                         registered a FIR in Hennur Police Station.










                     Any property for which ownership has already been registered in the name

                        of the owner then only the owner has a right to sell or transfer it.

                     If any builder sells the same property to multiple persons then it makes the

                        title of the property defective.

                     If the property which already has the title and without the knowledge of the

                        registered owner, the builder of the property sells it to another buyer then

                        this becomes an illegal act.



                    Remedies Under Indian Penal Code


                     The selling of property to another person which already has a legal title is an

                        illegal act under Section 420 of the Indian Penal Code.


                     Section  420  of  the  Indian  Penal  Code  deals  with  the  act  of  cheating  and
                        dishonesty which induces the delivery of property to any person.


                     The punishment under Section 420 of Indian Penal Code is imprisonment of

                        7 years and fine.













               http://canopyclassicbuyers.in/                                                  Page 36 of 101
   31   32   33   34   35   36   37   38   39   40   41