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IOD not revalidated

(Querist) 29 July 2009 This query is : Resolved 
A Co-op society decides to give the developer an IOD of 1 year...on expiry of which he fails to revalidate it...in case of differences with the said society is it absolutely necessary to revalidate the said IOD on its expiry?
Gulshan Tanwar (Expert) 14 January 2011
No one answered the query, pity!!! I am not having time these days will be back to LCI after 18th and then only can answer the same.


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