Legal Question in Consumer Law in India
maximum penalty on non payment of maintenance arrears in cooperative housing society
Asked on 6/12/13, 6:41 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
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,
Answered on 6/13/13, 3:37 am
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