LS0758: Mr. Vipin of Delhi engaged Mr. Abhishek as his agent to buy a house in west extension area. Mr. Abhishek bought a house for Rs. 20 lakhs in the name of a nominee and then purchased it himself for Rs 35 lakhs. He then sold the same house to Mr. Vipin for Rs 40 lakhs. Mr. Vipin later comes to know the mischief of Mr. Abhishek and tries to recover the excess amount paid to Mr. Abhishek. Is he entitled to recover any amount from Mr. Abhishek? If so, how much can he recover? Explain

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Question: Mr. Vipin of Delhi engaged Mr. Abhishek as his agent to buy a house in west extension area. Mr. Abhishek bought a house for Rs. 20 lakhs in the name of a nominee and then purchased it himself for Rs 35 lakhs. He then sold the same house to Mr. Vipin for Rs 40 lakhs. Mr. Vipin later comes to know the mischief of Mr. Abhishek and tries to recover the excess amount paid to Mr. Abhishek. Is he entitled to recover any amount from Mr. Abhishek? If so, how much can he recover? Explain.


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