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Declaration of Insolvency and Bankruptcy by the builder


08-Sep-2023 (In Property Law)
I have booked flat on 22/05/2015. possession date was 30 months from the date. Now corporation declared Bankrupt and ask me to fill form CA regarding the claim to Interim Resolution Professional. I have Paid neary 3200000/ to builder stagewise. How could I claim Interest on my amount( as per my payment date or from date of possession) and at what interest rate . Please advise me
Answers (2)

Answer #1
610 votes
This is my response to you: 1. You must claim interest from the date of promised possession; 2. You must additionally claim compensation for the mental and monetary loss suffered by you; 3. Consult a local lawyer before submitting the form.
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Answer #2
870 votes
You will have to file your claim along with documents to resolution professional appointed in respect of insolvency undergoing process. You can directly file your claim to the Insolvency professional through email or register post to the address mentioned in advertisement of calling claims. You do not need any CA assistance in this case. And keep following up with resolution professional only.
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