If a project is not completed by the promoter within the time limit committed in the affidavit, does a fresh registration application have to be filed?
Answered on November 08, 2017
The registration granted under section 5 may be extended by the Authority on an
application made by the promoter due to force majeure, in such form and on payment of such
fee as may be specified by regulations made by the Authority:
Provided that the Authority may in reasonable circumstances, without default on the
part of the promoter, based on the facts of each case, and for reasons to be recorded in
writing, extend the registration granted to a project for such time as it considers necessary,
which shall, in aggregate, not exceed a period of one year:
Provided further that no application for extension of registration shall be rejected
unless the applicant has been given an opportunity of being heard in the matter.
