Uttar Pradesh Real Estate Regulatory Authority
Rajendra Prasad v. Swastik Multitrade Private Limited
Complaint No. LKO162/11/0188/2019
- Decision date
- Not recorded
- Text availability
- Full text
- Bench
- Adjudicating Officer Lucknow
Source: UP RERA order
Connected provisions and cases
No further provision or case links are recorded.
Judgment text
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tt38. (1) The Authotity shall hove pox'e$ to impose penalty or inlercst, in regard to any coltrovenlioh of obtigations casl upon lhe promote6, the alloltees and lhe rcol eslale qgents, undet this Act ot lhe tules and the rcgulations made (2) The Aulhotily shall be guided b! lhe pfinciples ol natuml juslice and, subjecl to lhe olhet pruvisioE of his Acl ond the rules made thercunde4 the Aulhotit! shall have powe$ to regulale its own proeedwe. (3) lyherc an issue is raised relatifig to agreehenl, action, omission, praclice or prccedure lhal- (a) has on apprcciable ptevention, rcsttiction or distottion ol competilion in connecliol t,ilh the development ofa rcal eslate project or (b) has ellecl of markel powet of monopoly situalion being abtsed for alfeding intercsl of allo ees adw6el!, then the Aulhotily, uay suo moru, make rcference in respecl of such issue lo lhe Compelilion Commission ollndia.n L. \ar*r t-n orBfrqq at qm-+o frq{d t:-
a yon oler ot an alloflee or a rcal e$lale agenl, as "40, (l) If lhe case ma! be, fails to pa! any intercsl or penally ot compensation imposed on hin, by lhe adiudicati,rg otrtcet or lhe Regulalory Aulhotiv ot the APpellale Aulhorily' as lhe case mqt be, under this Act or the rules and regulalions ,rade such prort olet or lhereundeL il sholl be recoeeroble fiom be allottee or reol estote ogenl, in such monner as ma! prcscfibed as an artea$ of hnd revenue. (2) If ary adjudicating olfrcer ot the Regulatory AuthotiE or lhe Appellole Tribunql, as lhe case ,na! be, issues any order or direcls an! pe$on ,o do any act' ot rcIrain lrom dolng any act, ghich il is eripo*ercd lo do undet lhis Act ot the rules or regulations made lhereunde\ lhen in case of fallurc by any persol to conply xtilh such otdet ot dircclion, lhe same shall be enlorced, in such manner as mty be prescribed."
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