Using money for one project to complete other
I purchased a new launch apartment from a builder in 2010 Jan. Builder has not completed the project still despite making 90% payment in 2012 June. I suspect builder has used the money collected to complete his other projects and not able to complete this due to lack of funds. This looks like ponzi scheme of different way. Is there any way I can expose the builder?
Asked 9 years ago in Business Law
I have a case filed in state consumer forum in August 2014. This is still going on and not reached affidavit stage. It looks like it will take 3-4 months to complete. I wanted to know any other avenue to get speedier remedy.
Asked 9 years ago
Thank you for the answer. I think only option will be to approach Media. I agree I do not have any evidence as I cannot access the accounting of the builder. This is a joint development project and land owners can ask for the details. I will approach them to get some details.
Asked 9 years ago