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Venkat Iyer (CEO)     27 January 2017

Slapping of penalty for non vacating of premises

Our Society is under the process of re development.The developer has slapped a penalty of few Crores for not vacating the premises.26 members vacated in time. At the out set I state that out of 30 members 4 members had delayed in vacating due their personal problems.The Developer had filed a petition on One Member in the Hon.High Court. The case was adjedged in the Developer's favour after 6 months. Is the Developer stance in slapping a penalty on the Society valid in view of the delay in vacating of 4 members.What are the protection clauses or cases to be refered. Pl help & guide.


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