Token amount can be refundable
Sameer Talha
(Querist) 02 May 2012
This query is : Resolved
Dear Sir,
my Dad had given a token Amount of Rs. 1 Lakh to a Car dealer for Scorpoi Car as due to no Fund flow my Dad is unable to give balance money so the dealer is saying that he will not give the token amount return plz help me
ajay sethi
(Expert) 02 May 2012
was moeny given by cheque? was any receipt issued? was it mentioned that in event of failure to pay balance amount advance will be forfeited?
issue legal notice to dealer . file complaint before cionnsumer forum
Sailesh Kumar Shah
(Expert) 02 May 2012
what is the terms and conditions of booking of car?
read it carefullly.... if there is no clause, which says not refunding of deposit amount then.... go to consumer forum for refund. but it would be better before this, also issue legal notice through advocate.
Sameer Talha
(Querist) 04 May 2012
we have given cheque and also have receipt of acceptance in payment terms they have not mentioned any terms & condition so shall i issue a notice or go to consumer forum