What is Penalty for failure to comply with orders of Appellate Tribunal by allottee under section 68 of The Real Estate (Regulation and Development Act, 2016). Penalty for failure to comply with orders of Appellate Tribunal by allottee is defined under Section 68 of the Act. Provisions under Section 68 are:
If any allottee, who fails to comply with, or contravenes any of the orders or directions of the Appellate Tribunal, as the case may be, he shall be punishable with imprisonment for a term which may extend up to one year or with fine for every day during which such default continues, which may cumulatively extend up to ten per cent of the plot, apartment or building cost, as the case may be, or with both.
CHAPTER IX FINANCE, ACCOUNTS, AUDITS AND REPORTS
CHAPTER X MISCELLANEOUS