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Queries Participated

Sandeepsingal   09 October 2016 at 10:46

Fraud by builder

I had purchased a flat from a builder which serial number is B1. During purchase the builder had confirmed the flat is free from all the dues and the same had been mentioned on the registry copy also. Based on the registry copy, one nationalized bank has given the housing loan to me.
Later another nationalized bank had pasted a notice on my flat door that the flat number A1 has been mortgaged (before I purchased the flat) by the builder and due to non-repayment of the loan, the bank will auction the flat. We approached the bank to inform them that they have pasted the notice on the wrong door (my flat serial number is B1) as A1 flat is my neighbor flat. But the bank confirmed that as per the location on the mortgage registry copy, it’s my flat and serial number does not matter.
Then we approached to the builder and he confirmed that he had taken a loan by fudging the document. Now on following up with builder he is saying he does not have money.
We have filed a FIR under section 420 against the builder and charge sheet has been filed. But seems builder has some political influence so there is not much progress in my case.

Question –
What should we do to make a progress in the case?
As builder’s sons worked in MNCs what the action taken be taken against them?