Dear Experts
Request for your help and guidence to recover invested funds from builder who has cheated us and not refunding the invested ( by cheques ) money despite of commiitment to refund due to no progress of project after 4 years of time
Builder make MOU and we invested the money and paid as per schedule. There is no progress of project even after 2.5 years. With followups and discussion builder agrees to refund money and makes new settlement agreement and issues cheques for refund starting after 10 month and refund duration of 12 months with compensation
Just before the due date of first cheques, builder send notice informing the settlement agreement was made forcibly and he is making stop payment to his bank
After waiting for 4 years and trustin the builder, finally he shows his intention of not paying the refund
What is the best process and please advice, does it calls for civil, criminal, and consumer court line of action
