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Receipt of cash is payment

As builder had not disputed payment of cash, amount can be treated as received, the Commission said

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Consumer Protection

Jehangir B Gai 



Receipt of cash is payment

It is common for builders to take a certain percentage in cash while booking a flat. When a buyer seeks refund, this ‘black component’ is invariably lost as there is no proof of payment.

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First Published: Thu, March 30 2017. 00:06 IST

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