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m|ksx funs'kky - Doiuk.org

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14. The allottee will have to complete the construction of factorybuilding as also to install machinery and plant, and start commercialproduction therein within a maximum period of 2 years as stipulatedin Agreement/Lease Deed, failing which allotment of plot is liable tobe cancelled with forfeiture of deposits.15. The Lease Deed for the plot(s) will be executed as per termsstipulated in Agreement/Lease Deed.16. The allottee shall not release any obnoxious gaseous, liqid or solideffluents from the units in any case and shall establish at his woncost an appropriate and efficient effluent treatment system/plant andshall ensure that it is ready and functional as per the norms andspecifications expected, laid down or stipulated by the StatePollution Control Board or any other authority established by lawfor the time being in force, before the production is commenced inthe unit set up on the plot of land. Any breach of such law, rulesregulations and bye-laws shall be the sole liability of the Allottee.17. Any product change / diversification etc. should confirm to thenature of the sector / district in which the unit is situated and anysuch change / diversification should be done only with priorapproval of SIDCUL. The change / diversification in the product /manufacturing process from those mentioned. initially in thisapplication form, without the approval of SIDCUL shall be treatedas a breach of agreement.18. The transfer of plot(s) shall not be permitted except under theexisting policy of the corporation.19. The stamp duty registration charges and legal expenses involved inthe execution of Agreement, Sale Deed, Lease Deed, etc. will haveto be borne by the allottee.20. The total balance premium together with the stipulated interest willcontinue to be first charge on the allotted plot ill fully paid.21. The payments made by the allottee/licensee/lessee shall be firstadjusted towards the interest due if any then towards the premiumdue, if any, and balance, if any, towards lease rent and then towardsuse and occupation charges.22. In the event of cancellation or surrender of allottment, conditions asper License agreement or Lease deed would be applicable.23. The premium of the allotted land will be chargeable at the rateswhich are in force on the date on which letter of allotment is issuedand not at the rates in force on the date of application or issuancecarmarking letter.24. The Managing Director, SIDCUL, is empowered to amend and relaxany conditions in the interest of the estate.

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