LawRato

Refund not given by real estate can I take legal action


03-Jul-2023 (In Recovery Law)
A real estate company is not giving me refund of the advance paid even after I have cancelled my booking and have taken an official acknowledgement from them about the same. The stipulated time of 45 days is over. Can I proceed with a criminal case?
Answers (1)

Answer #1
994 votes
Dear Querist,

Make an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 before the concerned NCLT having jurisdiction pursuant to serving a Demand Notice under Section 8 of the said Code.

Simultaneously, you may file a police complaint.

Regards,
Sohail Haque

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

Report abuse?

Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."