Legal options in case of Fraud by Cooperative Society

Ritu Sachdeva 

I am from Telangana, Hyderabad. I invested in an apartment complex floated by a cooperative society. Now, all but one block are constructed. However, the construction of the last block, which is where my flat is, is stalled due to lack of funds, and apparent bungling of finances by the society management.We see no hope of construction getting completed.

The management is allowing possession of completed flats by other members, even while the EWS wing is also not complete. We do not know how they got the occupancy certificate!Our EMIs are however going and we have paid up between 95 to 100% of the costs. What are our legal options? Can we ask bank to freeze our EMIs till construction resumes?

I C Naik

Your Grievance is in the nature of deficiency in Service by the Cooperative Society to its members and you should get justice from a Consumer  Forum

You can locate appropriate District fora having jurisdiction to hear your complaint under THE CONSUMER PROTECTION ACT, 1986

http://scdrc.ap.nic.in/html_work/ContactUs.pdf

It is not a complicated law. One can go to the following site and go through the provisions oneself.

http://www.ncdrc.nic.in/1_1.html

Best of Luck  Ritu Sachdevaji.

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