(1)
Upon the registration of a project, the Authority shall issue a registration certificate with a registration number in Form `REP-III' to the promoter for the stipulated period of completion of the project as mentioned in the application of the promoter provided that the license and other permissions granted to the promoter by the competent authorities are valid at the time of such registration. In case, the stipulated time of such registration is beyond the validity period of license, then the promoter shall renew his said license/ permissions for the remaining period well in time. Otherwise, his registration may be cancelled after giving him an opportunity of being heard.
(2)
In case of rejection of the application, the Authority shall inform the promoter in Form `REP-IV':
Provided that, the Authority may grant an opportunity to the promoter to rectify the defects, if any, within a period of thirty days from the date of issuance of communication regarding such defects.