Disposal of Land Rule - RIICO
Disposal of Land Rule - RIICO
Disposal of Land Rule - RIICO
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
The cases <strong>of</strong> charging simple interest on outstanding dues <strong>of</strong> plot / shed<br />
allotted before 30.9.75 and to waive recovery <strong>of</strong> panel interest or grant<br />
rebate in rate <strong>of</strong> interest on outstanding dues <strong>of</strong> plot / shed, if allottee is<br />
prepared to pay all the outstanding dues in lump sum.<br />
CMD is also authorised for giving delegation / special powers to SRM/RM<br />
for deciding the cases in industrial campaigns.<br />
(Inserted as per IDC decisions taken vide item 12 on 23.9. 2002 & amended vide item15 on<br />
6.6.05. Amended as per item 4 <strong>of</strong> the meeting held on16.12.2010)<br />
23D-1 The retention charges for the period during which the allottee could not<br />
commence or carry the activities on the plot in view <strong>of</strong> court stay or decision<br />
given by a competent court, shall be waived with the approval <strong>of</strong> the CMD.<br />
(Inserted as per IDC decision taken vide item 12 on 4.9.2003)<br />
23-E. Exempting industrial plot allottees from payment <strong>of</strong> retention charges for<br />
the period during which plot / shed remained on rent:<br />
In cases <strong>of</strong> industrial plot allotments where the Corporation has permitted<br />
allottees for sub-letting <strong>of</strong> the plot / shed, in advance, prior to commencement<br />
<strong>of</strong> production activities, retention charges shall not be levied for the period <strong>of</strong><br />
sub-letting, in case <strong>of</strong> delay in commencement <strong>of</strong> production activities by the<br />
allottee. (Inserted as per IDC decision taken vide item 13 on 30.6.2003).
Change language