India  |  Consumer Law

Legal Question

Asked on: 6/12/13, 6:41 am

maximum penalty on non payment of maintenance arrears in cooperative housing society

1 Answer


Answered on: 6/13/13, 3:37 am by Fca Prashant Chavan

13.06.2013

Dear Sir / Madam,

Penal interest @ 21% per annum on outstanding Society dues followed by cancellation of membership of the Society in case of persistent failure.

Regards,


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