I, like lot of others, booked 3 plots with a known builder few years ago. The builder could/did not start the project because of getting no clearance.
When asked for refund, the builder did not show any interest. Some how I managed to get cheques from him for the amount that was due. I had to return original documents (kept the copies for record) to get the cheques.
Now the cheques have bounced. So I would like to know what my rights are.
* Do I have to re-negotiate (stating all over again) to get the money/new cheques? Re-negotiations won’t be easy. Builders/developers in general do not return the money easily and can drag the cases for years.
* Is the builder obliged/bound by law to issue new cheques quickly because previous cheques bounced? If yes, it could be simpler.
* Can I take help from court to intervene for simply issuing me new cheque(s) in lieu of bounced ones or court will also restart the whole case?
* Can the builder say that he was not supposed to issue cheques, no amount is due etc. etc.? Can he drag the case?
* Can I approach consumer court? Decision from Consumer court could be quicker.
Thanks for help.
