The Tribunal has the authority to cancel a dishonoured cheque if it is proven that the developer is not legally entitled to the amount. It can also order a debtor to write a new cheque with a revised payable date to replace the one subject to the co…
The Tribunal has the authority to cancel a dishonoured cheque if it is proven that the developer is not legally entitled to the amount. It can also order a debtor to write a new cheque with a revised payable date to replace the one subject to the complaint. If the developer is entitled to the funds, the Tribunal can refer the matter to competent judicial authorities for legal action. It may also seek assistance from real property experts to ensure its decisions are informed by industry standards.
This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.
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