Money taken for land
Querist :
Anonymous
(Querist) 27 June 2011
This query is : Resolved
Dear Sir, My father had about 7.5 years back given Rs.8 lakhs to an individual who was a committee member of a housing society. The housing society is in fact a reputed one and has some very high profile people as its members. Obviously their reach in the circles which matter are also very high. The beneficiary here is the president of the society(this has allotted 10,000 sites). No reciepts have been given in lieu of the payment made as the same was made in good faith and thru a very close acquaintance. The issue is even after 7.5 years neither the promised site has come nor there is any talk of returning the money.To make matters worse the mediator expired recently. We are clueless about what to do next? Kindly suggest
R.Ramachandran
(Expert) 28 June 2011
Except pursuing with the Committee member, you cannot do much. Parting with such a large sum of money without any document is wrong at the first place.
