Krishnamoorthy (Retired Bank Manager) 11 January 2014
I have booked a flat in Hirco Palace Garden Chennai and have paid the full amount as per their demand. Now the Court has appointed a receiver, due to the default of the loan by the promoter Viz. Hirco to their financier. Will the receiver protect the investors also?
How our investment is protected? Are we do anything at this stage to protect our interest.
adv.raghavan (Advocate,9444674980) 11 January 2014
No, i donot think so, You have to implead in this case to protect your interest.
Sankar Mukhopadhayay (Sr.Advocate) 11 January 2014
You may a case before the District consumer Forum, where the property situated to protect your interest.
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