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Is recovery possible with interest under given circumstances
18-Jul-2023 (In Consumer Court Law)
I deposited Rs 10.31 L with a builder to book a shop in his project around 5 years back and the project is not yet started. I filed an FIR and after one year of FIR i got this money back but he has not given any interest for 5 years. I have signed on documents about full and final settlement as they were not giving me cheques without signing those documents. My queries are 1) Can i still pursue to recover my interest amount ? 2) What procedure to be adopted if i can pursue ? 3) Total fee chargeable by you. THANKS
Yes recovery is possible with interest. You may also address a legal notice to the builder for refund of your money with interest and if the same does not yield any result you can approach the consumer forum .
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Adv. Nupur Kumar
Delhi | 100+ Answers
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take an appointment, have two three ways to recover your money by legal procedure. decision will be yours ... . .. . ..
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Adv. Manmeet Singh
Delhi | 25+ Answers
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Once you entered into an agreement /settlement with the other party and receive an amount in full and final settlement and duly acknowledged the same. Then you cannot recover any amount to fro that party on account of interest
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Adv. Puja Shrivastava
Delhi | 100+ Answers
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