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Section 14: Surrender of plots

Goa-IDC Transfer & Sub-Lease Regulations, 2014 - In exercise of the powers conferred by clause (d) of sub-section (1) of section 51 of the…State Regulations of Goa · 1965

Following surrender charges shall be deducted by the Corporation in the event an allottee intend to surrender his 7[1and/plot/shed/shop/godown] - 8 - allotted to him:

(ii) 9[***] the amounts paid by the allottee towards the lease rent, interest on premium, penal interest, processing fees, service tax to the Corporation, shall stand forfeited.

(iii) Any amount pending towards dues on account of lease rent, penal interest, interest on premium, processing fees, service tax or any other dues shall be recovered from the premium amount and any shortfall after adjusting the premium amount shall be recovered as land revenue arrears.

CHAPTER-IV

Where this provision sits

ActGoa-IDC Transfer & Sub-Lease Regulations, 2014 - In exercise of the powers conferred by clause (d) of sub-section (1) of section 51 of the Goa Industrial Development Corporation Act, 1965, the Goa In…
Section14
Marginal noteSurrender of plots
JurisdictionState of Goa
StatusIn force as published by the source

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