I am not a lawyer. So I don't want this to be confused as legitimate legal advice. This is only my opinion. The buyer may have made an agreement but no cash has been exchanged or accepted. No domain has been transferred. Neither party has suffered an actual loss. Varun Patil has basically stated that he entered into an agreement he couldn't and wouldn't comply with. Because of this Sedo should ban him. Basically no sale has transacted. Sedo should not be able to charge a fee for the auction nor will they. I don't like or approve of what Varun did. The threats Sedo is making is just a threat. Verun doesn't need a lawyer or legal advice until a lawsuit is filed, Any one can file a lawsuit but I doubt that will happen. I think Varun Patil and others like him lackt appreciation for legitimate business. I think that is why there are so many sarcastic comments. I think the best way to help him and others is by setting an example of good behavior and sharing good advice. The positive in all this Varun has acknowledged his error and is asking for advice, and even coming clean with Sedo. I truly believe Varun is sincere and will learn a valuable lesson from this incident.
