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Section 34: Terms and conditions and the fine payable for compounding of offence

Rajasthan Real estate (Regulation and Development) Rules 2017State Rules of Rajasthan · 2016

(1) Thecourt ray compound any offence specified under section 70 on payment of amount as specifiedin the table given below:- Table S.N. Offence Amount to be paid for compounding the offence I 2 3 i Punishable with imprisonment| five percent of the estimated cost of the real estate under sub-section (2) of section project 59 2 Punishable with imprisonment| five percent of the estimated cost of the real estateunder section 64 project 3 Punishable with imprisonment| five percent of the estimated cost of the plot,under section 66 apartment or building, as the case -aay be, of the real estate project, for which the s: 2 or purchase has been facilitated ;4. Punishable with imprisonment| five percent of the cost of the plot, :partment or under section 68. building, as the case may be

(2) On payment of the amount in accordance with sub-rule (1) and subsequent to compliance ofthe orders of the Authority or Appellate Tribunal-as provided under sub-rule (4), any person incustody in connection with that oufence shall be set at liberty and no proceedings shall beinstituted or continued against such person in any court.

(3) The acceptance of the amount for compounding an offence under sub-rule (1), by the Courtshall be deemed te an acquittal within the meaning of section 300 of the Code of ('riminal Procedure, 1973. oan

(4) The promoter, allottee or real estate agent, as the case may be, shall comply with the of the Authority or the Appellate Tribunal, within the period specified by the court, which not be more than thirty days from the date of‘compounding of the offence.

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Where this provision sits

ActRajasthan Real estate (Regulation and Development) Rules 2017
Section34
Marginal noteTerms and conditions and the fine payable for compounding of offence
JurisdictionState of Rajasthan
StatusIn force as published by the source

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