Disposal of Land Rules - RIICO
Disposal of Land Rules - RIICO
Disposal of Land Rules - RIICO
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<strong>of</strong> breach <strong>of</strong> terms and conditions, cancellation letter shall be withdrawn and plot<br />
shall be restored to the plot holder on the same terms and conditions.<br />
(Inserted and amended as per IDC decisions taken vide item 8 on 27.12.2002, item 10 on 30.6.2003<br />
and item 6 on 21.02.2004. Further insertion as per approval by the IDC vide item 14 <strong>of</strong> its meeting<br />
held on 19.6.2009. Amended .further as per approval by the IDC vide item 14 <strong>of</strong> its meeting held on 19 .6 . 2009 )<br />
25. REFUND OF<br />
SECURITY<br />
DEPOSIT/ MONEY<br />
The Security deposit paid with the application for allotment<br />
<strong>of</strong> land will be refunded in the following cases:-<br />
(i) Where the applicant has withdrawn in writing his request for<br />
allotment <strong>of</strong> land before allotment is made.<br />
(ii) Where the application for land allotment before making<br />
allotment has been rejected.<br />
(iii) Where allotment <strong>of</strong> plot <strong>of</strong> a particular size applied for has<br />
not been made and the party does not accept alternative<br />
size <strong>of</strong> plot as <strong>of</strong>fered, within one month from the date <strong>of</strong><br />
issue <strong>of</strong> allotment letter.<br />
(iv) The security deposit made with the application for<br />
allotment <strong>of</strong> land shall be refunded to the allottee after the<br />
unit goes into production as defined in Rule 21 on<br />
application made by him.<br />
26. STAMP DUTY The stamp duty, registration charges and all legal expenses<br />
involved in the execution <strong>of</strong> lease agreement etc. shall be borne<br />
by the lessee.<br />
27. RESERVATION OR<br />
REVOCATION OF<br />
PLOT<br />
28. ALLOTTEE TO<br />
ABIDE BY WATER/<br />
AIR POLLUTION<br />
RULES<br />
If in the opinion <strong>of</strong> the Corporation, any plot or area is required<br />
to be reserved or withdrawn from allotment, the Corporation<br />
may do so at any time or revoke any proposal to dispose <strong>of</strong> such<br />
a plot or area in such manner as decided by the Corporation.<br />
The Corporation reserves the right not to allot a plot <strong>of</strong> party’s<br />
choice or not to make allotment at all without assigning any<br />
reason. The land area to be allotted for a particular type <strong>of</strong><br />
industry shall be decided by the Corporation, which shall be<br />
final.<br />
The allottee / lessee <strong>of</strong> a plot shall be required to observe and<br />
perform all obligations and shall also be required to abide by<br />
rules, regulations and bye laws <strong>of</strong> the State Government, or any<br />
other authority as regards pollution <strong>of</strong> water / air.<br />
(Substituted as per IDC decision taken vide item 26 on 4.9.95 and item 12 on<br />
15.11.96)
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