You can choose to approach the consumer court for relief. In addition, depending on when the cheques were issued, a cause of action under the Negotiable Instruments Act can be issued. The best course of action is to send the developers a legal notice, which will help you understand the other party's intention and will help you frame your legal case.
In my opinion you can choose to proceed with both Civil as well as Criminal actions u/s. 138 of the NI Act, a summary suit based on any communication/instruments where the builder admits his liability. Per recent notification, you can also choose to move an FIR against the builder for his defaults.
DISCLAIMER: The guidance provided above by the lawyers is based solely on the limited information made available to them by the respective querist. These answers are general guidelines and not specific legal advice or legal opinion. All answers are made in individual capacity and do not reflect the opinions of any employer or organisation. Kindly refer to MyLegalWork's Terms & Conditions of use.
Thanks for the information, our executive will contact you in a while.
email@example.com | +91 9508888989