A Delhi court has granted bail to a 63-year-old woman accused of terminating an agreement to sell her house to a couple and duping them of Rs 12.5 crore paid as token money.
Additional Sessions Judge Sanjiv Jain gave the relief to the woman on a personal bond of Rs five lakh and two sureties of the like amount, with a direction to neither influence wtinesses, nor leave the country without permission.
The court, while allowing her bail application filed through advocate Rohit Priya Ranjan, also took into consideration that she had joined the investigation and was willing to do so in future.
More From This Section
It said the property was on mortgage and the woman had to pay Rs 18 crore to State Bank of Patiala to get it released.
From the amount received, she cleared her legal liabilities and obtained NOC from the bank but terminated the agreement and never refunded the earnest money, it alleged.
The woman had claimed in her plea that as per the agreement, she had done her part of the duties but the buyers failed to pay the balance payment on time to get the sale deed executed.
She also claimed that as per the clauses of agreement, it had to get terminated if any party failed to do their part of the job.
Disclaimer: No Business Standard Journalist was involved in creation of this content