LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Raju (Senior Executive)     08 May 2014

Hsiidc

my firm has been allotted a plot by HSIIDC. At the time of application HSIIDC fixed a rate of Rs. 7000 and asked applicants to deposit 10% as Earnesm Money and Rs. 5000 as processing fee.

 

Now after 16 months HSIIDC has sent letters stating that the rate is being revised to Rs. 9500/-. It was written in the application that rate shall be as per prevalent rate at the time of allotment. Please advise if they can do, is it justified on the part  of HSIIDC? Can I approach court against this? I heard they have done the same in the past also.



Learning

 2 Replies

Adv k . mahesh (advocate)     08 May 2014

as per there notification they already stated that the rate is charged as per the prevailing rate then on what other ground is there for you to go to court check in last also they did same thus any one went to court and what was the order at that time you can analyaze what step you can do 

shamataneja (Advocate)     08 May 2014

when the HSIIDC has specified that they shall charge prevailing rate at the time of allotment they are justified


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register