Priya Antony 17 August 2016

Corpus fund

Hello,

My query is regarding the non-repayment of corpus fund by the builder.

what is the next thing that could be done to the builder with regard to the provding of legal notice with this issue.

Thnaks in advance

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4 Replies

Madhukar Titus (Legal Practitioner ) 17 August 2016

You may file a recovery suit in the appropriate civil court for recovery of your fund.

Madhukar Titus (Legal Practitioner ) 18 August 2016

Hi,

If you have not received any response for your legal notice even after waiting for a reasonable time, you may approach the hon'ble court for recovery suit. Your builder will be summoned and the procedure starts from there.. Please engage an advocate who is expert in the civil matters in your area for further process.

NANDKUMAR B SAWANT (ADVOCATE./LAWYER) 06 November 2016

KINDLY NOTE THAT.

1. YOU MAY MENTION DETAILED FACTS AND ISSUE A LEGAL NOTICE TO THE SAID PERSON BY SPEED POST A.D./REGISTERED POST A.D.AND IF WITHIN NOTICE PERIOD THE OTHER SIDE IS NOT COMPLYING THEN YOU MAY FILE A CIVIL SUIT BY MENTIONING ALL FACTS AND GROUNDS AND PRAY AS DESIRED. KINDLY NOTE THAT FOR CIVIL SUIT COURT FEES ARE TO BE AFFIXED AS PER VALUATION OF SUIT SO KINDLY CHECK WITH CONCERNED COURT AND THEN PROCEED.

GOOD LUCK.