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Recovery of payment receivable since 2011


15-Aug-2023 (In Civil Law)
I am to receive rs 7000000 from one developer in Mumbai as bill against construction contract. He has deducted the tds and deposited it against my company pan no.the amount is due since 2011.can I file a case against the developer for recovery of my funds
Answers (3)

Answer #1
823 votes
yes you can recover the aforesaid amount by filing a recovery suit before the proper cour...you need to show a continuous cause of action since 2011 till today by showing a correspondence done by you with the builder...Further you have to file the documents such as bills related to material supplied or work provided to builder, account ledger and other relevant documents to support ur case in court .
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Answer #2
818 votes
sir I will require further details in your matter with documents. you surely have a case against the said builder. however there are limitations to the time period within which the case must be filed. having said that if there are valid reasons or explanation for delay. then cases can be filed I will require further details to confirm my opinion.
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Answer #3
734 votes
yes sir you file a case against the developer. it will be for recovery of funds.. if he has deducted the TDS and deposited the amount there is admission of an amount due from him to you and that is an admission in civil procedure code.. the said amount is due and payable along with interest @18% p.a. from 2011 till the date of payment and or realisation..
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