NOTICE OF FORFEITURE OF EARNEST MONEY
Notice date: 2 April 2026
From Harpreet Singh, Sector 35, Chandigarh, to Aarav Sharma, Sector 21, Panchkula.
Property: Plot 118, Sector 35-A, Chandigarh (Plot/land), Residential plot measuring 500 square yards.. Agreement: Agreement to Sell dated 01 August 2026. Earnest money paid: ₹5,00,000 (Rupees Five Lakh only).
- ALLEGED DEFAULT
Default: Failure to pay agreed balance by due date. Details: Balance due 10 September 2026 remained unpaid after completion notice.. Performance due: 1 April 2026.
- SELLER READINESS
Seller position: Seller was ready and willing to complete according to the agreement.
- OPPORTUNITY TO CURE
Notice position: Prior written completion/cure notice was given.
- FORFEITURE POSITION
Legal/contractual position asserted: Seller claims contractual forfeiture subject to applicable law and reasonable-compensation limits. Amount presently proposed for retention: ₹2,50,000 (Rupees Two Lakh Fifty Thousand only).