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How to recover money from developer


20-Jun-2023 (In Recovery Law)
Developer has asked for an extension of time to payback the amount; but has not issued fresh PDCs; the existing ones are bounced. Should I wait for the requested extension time? How can I recover my money if the developer does not stick on the promised extended time?
Answers (1)

Answer #1
544 votes
Developer has asked for an extension of time to payback the amount; but has not issued fresh PDCs; the existing ones are bounced. Should I wait for the requested extension time? How can I recover my money if the developer does not stick on the promised extended time?

In the above case you have not mentioned any detail fact for what purpose you are demanding back the amount. Is any other default.

In PDCs date is not mentioned. If you mentioned the date then we can give the solution.

For time being Please issue notice. Here you can have two remedy. As you told he is the developer. Here you can approach the Consumer Court seeking damages or you can also approach the Civil Court for recover. But in Civil Court you have to pay court fee on claimed amount. In consumer court court fee is low.

Issue notice for recovery of the amount. You can contact us

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