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Indian_Real_Estate_Law (2)

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Indian Real Estate Laws

viii

2.6.1 Manner of Selection of Chairperson and Members of the Authority . . . . 48

2.7 CHAPTER VII SALARY AND ALLOWANCES OF CHAIRPERSON AND

MEMBERS OF REAL ESTATE REGULATORY AUTHORITY . . . . . . . . . 48

2.7.1 Salaries and Allowances . . . . . . . . . . . . . . . . . . . . . . . . . . . 48

2.7.2 Tenure of office . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50

2.7.3 Oath of Office and Secrecy.- . . . . . . . . . . . . . . . . . . . . . . . . . 50

2.7.4 Administrative powers of the Chairperson of the regulatory authority.- . 50

2.8 CHAPTER VIII POWERS AND FUNCTIONS OF THE AUTHORITY . . . . 51

2.8.1 Functioning of the Authority . . . . . . . . . . . . . . . . . . . . . . . . 51

2.8.2 Additional powers of the Authority . . . . . . . . . . . . . . . . . . . . . 51

2.8.3 Manner of recovery of interest, penalty and compensation . . . . . . . . . 52

2.8.4 Manner of implementation of order, direction or decisions of the adjudicating

officer, the Authority or the Appellate Tribunal.- . . . . . . . . . . 52

2.9 CHAPTER IX CONDITIONS OF SERVICE OF OFFICERS AND OTHER

EMPLOYEES OF THE AUTHORITY . . . . . . . . . . . . . . . . . . . . . . . 52

2.9.1 Categories of Officers and employees of the Authority and pay scales . . . 52

2.9.2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52

2.10 CHAPTER X FILING OF COMPLAINT . . . . . . . . . . . . . . . . . . . . . 53

2.10.1 Filing of complaint and manner of holding an inquiry by Regulatory

Authority . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53

2.10.2 Manner of filing a complaint with the adjudicating officer and the manner

of holding an inquiry by the adjudicating officer . . . . . . . . . . . . . . 54

2.11 CHAPTER XI REAL ESTATE APPELLATE TRIBUNAL . . . . . . . . . . . . 55

2.11.1 Manner of Selection of Member of the Appellate Tribunal . . . . . . . . . 55

2.11.2 Functioning of Appellate Tribunal . . . . . . . . . . . . . . . . . . . . . . 55

2.11.3 Appeal and the fees payable . . . . . . . . . . . . . . . . . . . . . . . . . 56

2.11.4 Procedure for inquiry of the charges against the Chairperson or Member

of the Regulatory Authority or the Appellate Tribunal . . . . . . . . . . 56

2.11.5 Salary and allowances payable and other terms and conditions of service

of Chairperson and Members of the Appellate Tribunal . . . . . . . . . . 57

2.11.6 Retirement from Government Service . . . . . . . . . . . . . . . . . . . 58

2.11.7 Oath of Office and Secrecy . . . . . . . . . . . . . . . . . . . . . . . . . . 58

2.11.8 Declaration of financial or other interest . . . . . . . . . . . . . . . . . . 58

2.11.9 Residuary provision.- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58

2.11.10 Categories of Officers and employees of the Tribunal.- . . . . . . . . . . . 58

2.11.11 Conditions of service . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58

2.11.12 Additional powers of the Appellate Tribunal . . . . . . . . . . . . . . . . 58

2.11.13 Administrative powers of the Chairperson of the Appellate Tribunal . . . 59

2.12 CHAPTER XI OFFENCES AND PENALTIES . . . . . . . . . . . . . . . . . . 59

2.12.1 Terms and conditions and the fine payable for compounding of offence . . 59

2.13 CHAPTER-XII MISCELLANEOUS . . . . . . . . . . . . . . . . . . . . . . . . 60

2.13.1 Interpretation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60

2.13.2 Residuary provision . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60

2.14 CHAPTER-XIII BUDGET AND REPORT . . . . . . . . . . . . . . . . . . . . 60

2.14.1 Budget, accounts and audit . . . . . . . . . . . . . . . . . . . . . . . . . 60

2.14.2 Annual Report . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60

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