Apni Law Staff asked 2 years ago
I paid a token amount to a builder by cheque in their name. They promised to get the completion certificate by mid-November and then hand over the documents. My loan is already approved, but I’m worried because the builder didn’t give me a receipt for the token payment. If any issues arise, how can I recover my money? Thankfully, I took a signed and stamped money receipt from my trusted agent. Will this strengthen my position?
Best Answer
Apni Law Staff answered 2 years ago
While a cheque payment in the builder’s name acts as evidence, the lack of a formal receipt from them weakens your case. However, the signed and stamped money receipt from your agent, if it clearly mentions the payment purpose and builder’s name, can act as substantial proof of payment. This, along with the cheque details, strengthens your position in case of disputes.
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