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Home / Legal / The builder had given the Corpus Fund to us in 2016, but failed to build the building. Now quitting as builder can he ask for Corpus Fund refund after 6 years?
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The builder had given the Corpus Fund to us in 2016, but failed to build the building. Now quitting as builder can he ask for Corpus Fund refund after 6 years?

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2 2025-01-06T18:37:52+00:00
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Generally, once the corpus fund has been paid and accepted by the builder or the association, it is considered non-refundable. The corpus fund is typically collected for the maintenance and welfare of the property and its residents.

Since the builder accepted the corpus fund in 2016 and it has been six years since then, it is unlikely that he can legally demand a refund at this point. However, it's always best to consult with a legal professional to get advice specific to your situation and to review any agreements or documents related to the corpus fund.

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Advocate Apurva

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