Quick Navigation
Section 64 - Real Estate (Regulation and Development) Act, 2016
64. Penalty for failure to comply with orders of Appellate Tribunal by promoter.-
If any promoter, who fails to comply with, or contravenes any of the orders, decisions or directions of the 30 Appellate Tribunal, he shall be punishable with imprisonment for a term which may extend up to three years or with fine for every day during which such default continues, which may cumulatively extend up to ten per cent. of the estimated cost of the real estate project, or with both.
Related Sections
- Section 32: Functions of Authority for Promotion of Real Estate Sector
- Section 8: Obligation of Authority Consequent upon Lapse of or on Revocation of Registration
- Section 47: Term of Office of Chairperson and Members
- Section 18: Return of Amount and Compensation
- Section 42: Functions of Central Advisory Council
Related Acts
* Only for reference.