Common use of Cancellation by Xxxxxxxx Clause in Contracts

Cancellation by Xxxxxxxx. (s) - The Allottee(s) shall have the right to cancel/ withdraw his allotment in the Project as provided in the Act. Provided that where the Allottee(s) propose(s) to cancel/withdraw from the Project without any fault of the Promoter, the Promoter herein is entitled to forfeit the booking amount paid for the allotment. The balance amount of money paid by the Allottee(s) shall be returned by the Promoter to the Allottee(s) within 45 days of such cancellation. It is clarified that all amounts collected as taxes, charges, levies, cess, assessments and impositions and deposited including stamp duty, registration charges and incidental charges with the appropriate authorities concerned shall not be returned by the Promoter and the Allottee(s) shall be free to approach the authorities concerned for refund of such taxes, charges, levies, cess, assessments and impositions.

Cancellation by Xxxxxxxx. (s) - )— The Allottee(s) shall have the right to cancel/ cancel / withdraw his / her / their allotment in the Project as provided in the Act. Provided that where the Allottee(s) propose(s) to cancel/cancel / withdraw from the Project without any fault of the Promoter, the Promoter herein is entitled to forfeit the booking amount as mentioned and defined in Clause A (l) herein above paid for the allotment. The balance amount of money paid by the Allottee(s) shall be returned by the Promoter to the Allottee(s) within 45 days of such cancellation. It is clarified that all amounts collected as taxes, charges, levies, cess, assessments and impositions and deposited including stamp duty, registration charges and incidental charges with the appropriate authorities concerned shall not be returned by the Promoter Promoters and the Allottee(s) shall be free to approach the authorities concerned for refund of such taxes, charges, levies, cess, assessments and impositions.