I need to ask that can a builder use Maintenance deposit collected from its members or he is legally bound to keep the above said deposit as fixed deposit as member allottees money & can use only interest part on Maintenance of common areas for flat owners & is bound to hand over the maintenance deposit money when the builder decides to hand over maintenance work to welfare association after completion of the project. Pl. elaborate legal position liability of builder Any court decision in this regard perhaps there is one for DLF Builders
