Common use of COMPLIANCE OF LAWS RELATING TO REMITTANCES Clause in Contracts

COMPLIANCE OF LAWS RELATING TO REMITTANCES. The Purchaser, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bankof India Act and Rules and Regulations made there under or any statutory amendment(s),modification(s) made thereof and all other applicable laws including that of remittance of payment acquisition/sale/transfer of immovable properties in India etc. and provide the Developer/ Vendors with such permission, approvals which would enable the Developer/ Vendors to fulfill its obligations under this Agreement. Any refund, transfer of security, ifprovided in terms of the Agreement shall be made in accordance with the provisions of Foreign Exchange Management Act, 1999 or statutory enactments or amendments thereof and the Rulesand Regulations of the Reserve Bank of India or any other applicable law. The Purchaser understands and agrees that in the event of any failure on his/her part to comply with theapplicable guidelines issued by the Reserve Bank of India, he/she shall be liable for any actionunder the Foreign Exchange Management Act, 1999 or other laws as applicable, as amendedfrom time to time. The Developer and Vendors accept no responsibility in this regard. The Purchaser shall keep the Developer and Vendors fully indemnified and harmless in this regard. Wheneverthere is any change in the residential status of the Purchaser subsequent to the signing ofthis Agreement, it shall be the sole responsibility of the Purchaser to intimate the same inwriting to the Developer and Vendors immediately and comply with necessary formalities if any under the applicable laws. The Developer and Vendors shall not be responsible towards any third party making payment/remittances on behalf of any Purchaser and suchthird party shall not have any right in the application/allotment of the said Shop/ Office /Godown / Back Office/Commercial / Semi - Commercial / mix use Complex applied forherein in any way and the Developer shall be issuing the payment receipts in favor of thePurchaser only.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. The Purchaser, if a. If the Allottee(s) is the resident outside IndiaIndia or having Non Resident Indian (NRI) or Oversees Citizen of India (OCI) status, such Allottee(s) clearly and unequivocally confirms he shall be individually and solely responsible for complying compilation with the necessary formalities as laid down in Foreign Exchange Management Act 1999 (FEMA), Reserve Bank of India (RBI) Act, 1999, Reserve Bankof India Act 1934 and Rules and Regulations the Rules/ Guidelines made / issued there under or any statutory amendment(s),modification(s) made thereof and all other applicable laws including that of remittance of payment payments, acquisition/sale/sale or transfer of immovable properties property/s in India etc. and provide The Allottee(s) shall also furnish the Developer/ Vendors required declaration to the Owner in the prescribed format, with such permission, approvals which would /approvals/no objections to enable the Developer/ Vendors Owner to fulfill its obligations under this Agreement. Any refundIn case any such permission is ever refused or subsequently found lacking by any Statutory Authority / Owner, transfer or in case of securityany implications arising out of any default by the Allottee(s), ifprovided in terms it shall be the sole liability and responsibility of the Agreement Allottee(s). b. The Owner shall be made in accordance with the provisions of Foreign Exchange Management Act, 1999 or statutory enactments or amendments thereof and the Rulesand Regulations of the Reserve Bank of India or any other applicable law. The Purchaser understands and agrees that in the event of any failure on his/her part to comply with theapplicable guidelines issued by the Reserve Bank of India, he/she shall be liable for any actionunder the Foreign Exchange Management Act, 1999 or other laws as applicable, as amendedfrom time to time. The Developer and Vendors accept no responsibility in this regard. The Purchaser regard and the Allottee(s) shall keep the Developer and Vendors Owner fully indemnified and harmless for any harm or injury caused to it for any reason whatsoever in this regard. Wheneverthere Whenever there is any a change in the residential status of the Purchaser Allottee(s), subsequent to the signing ofthis of this Agreement, it shall be the sole responsibility of the Purchaser Allottee(s) to intimate the same inwriting in writing to the Developer and Vendors Owner immediately and comply with all the necessary formalities formalities, if any any, under the applicable laws. The Developer In event of non-fulfillment of the permission as mentioned above, the amount paid towards Total Price will be refunded without interest, by the Owner (excluding taxes) as per the cancellation and Vendors shall forfeiture process mentioned in this Agreement and the allotment cancelled forthwith and the Owner will not be responsible towards liable in any third party making payment/remittances manner on behalf such account. In case of any Purchaser Non-Resident Indians (NRI) and suchthird party Persons of Indian Origin (PIO), all refunds, if any, shall, however, be made in Indian Rupees and Allottee(s) alone shall not have any right in be liable to get all the application/allotment necessary permission for getting the refund of the said Shop/ Office /Godown / Back Office/Commercial / Semi - Commercial / mix use Complex applied forherein in any way and amount paid towards the Developer Total Price as mentioned above from the concerned authorities. c. In case of foreign remittance, the net amount credited to bank shall be issuing taken as amount received and necessary bank charges shall be borne by the Allottee(s). The date in which such credit is made to the bank account of Allottee(s) will be considered as date of payment receipts and no other date. Allottee(s) shall provide to the Owner copy of the SWIFT message to trace the remittance in favor of thePurchaser onlyIndia.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. The PurchaserAllottee, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bankof Bank of India Act Act, 1934 and the Rules and Regulations made there under thereunder or any statutory amendment(s),modification(samendments/modification(s) made thereof and all other applicable laws including that of remittance of payment acquisition/sale/transfer of immovable properties in India etc. and provide the Developer/ Vendors Promoter with such permission, approvals which would enable the Developer/ Vendors Promoter to fulfill its obligations under this Agreement. .Any refund, transfer of security, ifprovided if provided in terms of the Agreement shall be made in accordance with the provisions of Foreign Exchange Management Act, 1999 or statutory the Statutory enactments or amendments thereof and the Rulesand Rules and Regulations of the Reserve Bank of India or any other applicable law. .The Purchaser Allottee understands and agrees that in the event of any failure on his/her part to comply with theapplicable the applicable guidelines issued by the Reserve of Bank of India, he/she shall be liable for any actionunder action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amendedfrom amended from time to time. The Developer and Vendors accept Promoter accepts no responsibility in this regard. The Purchaser Allottee shall keep the Developer Promoter and Vendors the Owners fully indemnified and harmless in this regard. Wheneverthere Whenever there is any change in the residential status of the Purchaser Allottee subsequent to the signing ofthis of this Agreement, it shall be the sole responsibility of the Purchaser Allottee to intimate the same inwriting in writing to the Developer and Vendors Promoter immediately and comply with necessary formalities if any under the applicable laws. .The Developer and Vendors Promoter shall not be responsible towards any third third-party making payment/remittances on behalf of any Purchaser Allottee and suchthird such third party shall not have any right in the application/allotment allotment/agreement of the said Shop/ Office /Godown / Back Office/Commercial / Semi - Commercial / mix use Complex Unit and Parking Facility, if any, applied forherein for herein in any way and the Developer Promoter shall be issuing the payment receipts in favor favour of thePurchaser the Allottee only.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. The PurchaserAllottee, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, (FEMA) Reserve Bankof Bank of India Act 1934 and Rules and Regulations made there under thereunder or any statutory amendment(s),modification(samendment(s) modification(s) made thereof and all other applicable laws including that of remittance of payment acquisition/sale/transfer of immovable properties in India etc. and provide the Developer/ Vendors Promoter with such permission, approvals which would enable the Developer/ Vendors Promoter to fulfill its obligations under this Agreement. Any refund, transfer of security, ifprovided if provided in terms of the Agreement shall be made in accordance with the provisions of Foreign Exchange Management Act, 1999 or statutory enactments or amendments thereof and the Rulesand Rules and Regulations of the Reserve Bank of India or any other applicable law. The Purchaser Allottee understands and agrees that in the event of any failure on his/her part to comply with theapplicable the applicable guidelines issued by the Reserve Bank of India, he/she shall be liable for any actionunder action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amendedfrom amended from time to time. The Developer and Vendors accept Promoter accepts no responsibility in this regard. The Purchaser Allottee shall keep the Developer and Vendors Promoter fully indemnified and harmless in this regard. Wheneverthere Whenever there is any change in the residential status of the Purchaser Allottee subsequent to the signing ofthis of this Agreement, it shall be the sole responsibility of the Purchaser Allottee to intimate the same inwriting in writing to the Developer and Vendors Promoter immediately and comply with necessary formalities if any under the applicable laws. The Developer and Vendors Promoter shall not be responsible towards any third party making payment/remittances on behalf of any Purchaser Allottee and suchthird such third party shall not have any right in the application/allotment of the said Shop/ Office /Godown / Back Office/Commercial / Semi - Commercial / mix use Complex apartment applied forherein for herein in any way and the Developer Promoter shall be issuing the payment receipts in favor favour of thePurchaser the Allottee only.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. i) The PurchaserAllottee, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bankof Bank of India Act Act, 1934 and the Rules and Regulations made there under thereunder or any statutory amendment(s),modification(samendments) modification(s) made thereof and all other applicable laws including that of remittance of payment acquisition/sale/sale/ transfer of immovable properties in India etc. and provide the Developer/ Vendors Promoter with such permission, approvals which would enable the Developer/ Vendors Promoter to fulfill its obligations under this Agreement. Any refund, transfer of security, ifprovided if provided shall be in terms of the Agreement shall be made or in accordance with the provisions of the Foreign Exchange Management Act, 1999 or statutory enactments or amendments thereof and the Rulesand Regulations rules and regulations of the Reserve Bank of India or any other applicable law. The Purchaser Allottee understands and agrees that in the event of any failure on his/her part to comply with theapplicable the applicable guidelines issued by the Reserve of Bank of India, he/she shall may be liable for any actionunder action under the Foreign Exchange Management Act, 1999 Act,1999 or other laws as applicable, as amendedfrom amended from time to time. . ii) The Developer and Vendors accept Promoter accepts no responsibility in this regardregard to matters specified in para 3.1 above. The Purchaser Allottee shall keep the Developer and Vendors Promoter fully indemnified and harmless in this regard. Wheneverthere Whenever there is any change in the residential status of the Purchaser Allottee subsequent to the signing ofthis of this Agreement, it shall be the sole responsibility of the Purchaser Allottee to intimate the same inwriting in writing to the Developer and Vendors Promoter immediately and comply with necessary formalities if any under the applicable laws. The Developer and Vendors Promoter shall not be responsible towards any third third-party making payment/remittances on behalf of any Purchaser Allottee and suchthird such third party shall not have any right in the application/allotment of the said Shop/ Office /Godown / Back Office/Commercial / Semi - Commercial / mix use Complex Apartment applied forherein for herein in any way and the Developer Promoter shall be issuing the payment receipts in favor favour of thePurchaser the Allottee only.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. The PurchaserAllottee, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bankof Bank of India Act Act, 1934 and the Rules and Regulations made there under thereunder or any statutory amendment(s),modification(samendments/modification(s) made thereof and all other applicable laws including that of remittance of payment acquisition/sale/transfer of immovable properties in India etc. and provide the Developer/ Vendors Promoter with such permission, permission approvals which would enable the Developer/ Vendors Promoter to fulfill its obligations under this Agreement. Any refund, transfer of security, ifprovided if provided in terms of the Agreement shall be made in accordance with the provisions of Foreign Exchange Management Act, 1999 or the statutory enactments or amendments thereof and the Rulesand Rules and Regulations of the Reserve Bank of India or of any other applicable law. The Purchaser Allottee understands and agrees that in the event of any failure anyfailure on his/her part to comply with theapplicable the applicable guidelines issued by the Reserve Bank of India, he/she shall may be liable for any actionunder action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amendedfrom amended from time to time. The Developer and Vendors accept Promoter accepts no responsibility in this regardregard to matters specified in para 3.1 above. The Purchaser Allottee shall keep the Developer and Vendors Promoter fully indemnified and harmless in this regard. Wheneverthere Whenever there is any change in the residential status of the Purchaser Allottee subsequent to the signing ofthis of this Agreement, it shall be the sole responsibility of the Purchaser Allottee to intimate the intimatethe same inwriting in writing to the Developer and Vendors Promoter immediately and comply with necessary formalities if any under the applicable laws. The Developer and Vendors Promoter shall not be responsible beresponsible towards any third party anythirdparty making payment/remittances on behalf of any Purchaser Allottee and suchthird such third party shall not have any right in the application/allotment application /allotment of the said Shop/ Office /Godown / Back Office/Commercial / Semi - Commercial / mix use Complex apartment applied forherein for herein in any way and the Developer Promoter shall be issuing the payment receipts in favor favour of thePurchaser the Allottee only.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. The PurchaserAllottee, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bankof Bank of India Act Act, 1934 and the Rules and Regulations made there under or any statutory amendment(s),modification(samendment(s) modification(s) made thereof and all other applicable laws including that of remittance of payment acquisition/sale/transfer of immovable properties in India etc. and provide the Developer/ Vendors Promoter with such permission, approvals which would enable the Developer/ Vendors Promoter to fulfill fulfil its obligations under this Agreement. Any refund, transfer of security, ifprovided if provided in terms of the Agreement shall be made in accordance with the provisions of Foreign Exchange Management Act, 1999 or the statutory enactments or amendments thereof and the Rulesand Rules and Regulations of the Reserve Bank of India or any other applicable law. The Purchaser Allottee understands and agrees that in the event of any failure on his/her part to comply with theapplicable the applicable guidelines issued by the Reserve Bank of India, ; he/she shall may be liable for any actionunder action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amendedfrom amended from time to time. The Developer and Vendors accept Promoter accepts no responsibility in this regardregard to matters specified in para 3.1 above. The Purchaser Allottee shall keep the Developer and Vendors Promoter fully indemnified and harmless in this regard. Wheneverthere Whenever there is any change in the residential status of the Purchaser Allottee subsequent to the signing ofthis of this Agreement, it shall be the sole responsibility of the Purchaser Allottee to intimate the same inwriting in writing to the Developer and Vendors Promoter immediately and comply with necessary formalities if any under the applicable laws. The Developer and Vendors Promoter shall not be responsible towards any third party making payment/remittances on behalf of any Purchaser Allottee and suchthird such third party shall not have any right in the application/allotment of the said Shop/ Office /Godown / Back Office/Commercial / Semi - Commercial / mix use Complex apartment applied forherein for herein in any way and the Developer Promoter shall be issuing the payment receipts in favor favour of thePurchaser the Allottee only.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. The Purchaser, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bankof Bank of India Act and Rules and Regulations made there under thereunder or any statutory amendment(s),modification(samendment(s) modification(s) made thereof and all other applicable laws including that of remittance of payment acquisition/sale/transfer of immovable properties in India etc. and provide the Developer/ Vendors Promoter with such permission, approvals which would enable the Developer/ Vendors Promoter to fulfill its obligations under this Agreement. Any refund, transfer of security, ifprovided if provided in terms of the Agreement shall be made in accordance with the provisions of Foreign Exchange Management Act, 1999 or statutory enactments or amendments thereof and the Rulesand Rules and Regulations of the Reserve Bank of India or any other applicable law. The Purchaser understands and agrees that in the event of any failure on his/her part to comply with theapplicable the applicable guidelines issued by the Reserve Bank of India, he/she shall be liable for any actionunder action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amendedfrom amended from time to time. The Developer and Vendors accept Developer/ Promoter accepts no responsibility in this regard. The Purchaser shall keep the Developer and Vendors Developer/ Promoter fully indemnified and harmless in this regard. Wheneverthere Whenever there is any change in the residential status of the Purchaser subsequent to the signing ofthis of this Agreement, it shall be the sole responsibility of the Purchaser to intimate the same inwriting in writing to the Developer and Vendors Developer/ Promoter immediately and comply with necessary formalities if any under the applicable laws. The Developer and Vendors Developer/ Promoter shall not be responsible towards any third party making payment/remittances on behalf of any Purchaser and suchthird such third party shall not have any right in the application/allotment of the said Shop/ Office /Godown / Back Office/Commercial / Semi - Commercial / mix use Complex apartment applied forherein for herein in any way and the Developer Developer/ Promoter shall be issuing the payment receipts in favor favour of thePurchaser the Purchaser only.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. The PurchaserAllottee, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bankof Bank of India Act Act, 1934 and the Rules and Regulations made there under thereunder or any statutory amendment(s),modification(samendments) modification(s) made thereof and all other applicable laws including that of remittance of payment acquisition/sale/sale/ transfer of immovable properties in India etc. and provide the Developer/ Vendors Promoter with such permission, approvals which would enable the Developer/ Vendors thePromoter to fulfill its obligations under this Agreement. Any refund, transfer of security, ifprovided in terms of the Agreement shall be made in accordance with the provisions of the Foreign Exchange Management Act, 1999 or statutory enactments or amendments thereof thereofand the rules and the Rulesand Regulations regulations of the Reserve Bank of India or any other applicable law. The Purchaser Allottee understands and agrees that in the event of any failure on his/her part to comply with theapplicable complywith the applicable guidelines issued by the Reserve of Bank of India, he/she shall may be liable for any actionunder action under the Foreign Exchange Management Act, 1999 or other laws as applicableasapplicable, as amendedfrom amended from time to time. The Developer and Vendors accept Promoter accepts no responsibility in this regardregard to matters specified in Para 3.1 above. The Purchaser Allottee shall keep the Developer and Vendors Promoter fully indemnified and harmless in this regard. Wheneverthere Whenever there is any change in the residential status of the Purchaser Allottee subsequent to the signing ofthis of this Agreement, it shall be the sole responsibility of the Purchaser Allottee to intimate the same inwriting in writing to the Developer and Vendors Promoter immediately and comply with necessary formalities if any under the anyunder applicable laws. The Developer and Vendors Promoter shall not be responsible towards any third party making party’s payment/remittances on behalf of any Purchaser Allottee and suchthird such third party shall not have any right in the application/allotment of the said Shop/ Office /Godown / Back Office/Commercial / Semi - Commercial / mix use Complex Apartment applied forherein for herein in any way and the Developer andthe Promoter shall be issuing the payment receipts in favor of thePurchaser the Allottee only.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. The PurchaserAllottee, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bankof Bank of India Act Act, 1934 and the Rules and Regulations made there under thereunder or any statutory amendment(s),modification(samendments/modification(s) made thereof and all other applicable laws including that of remittance of payment acquisition/sale/sale/ transfer of immovable properties in India etc. and provide the Developer/ Vendors Vendor with such permission, approvals which would enable the Developer/ Vendors Vendor to fulfill its obligations under this Agreement. Any refund, transfer of security, ifprovided if provided in terms of the Agreement shall be made in accordance with the provisions of Foreign Exchange Management Act, 1999 or the statutory enactments or amendments thereof and the Rulesand Rules and Regulations of the Reserve Bank of India or any other applicable law. The Purchaser Allottee understands and agrees that in the event of any failure on his/her her/their part to comply with theapplicable the applicable guidelines issued by the Reserve of Bank of India, he/she shall she/they may be liable for any actionunder action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amendedfrom amended from time to time. The Developer and Vendors accept Vendor accepts no responsibility in this regard. The Purchaser regard and the Allottee shall keep the Developer and Vendors Vendor fully indemnified and harmless in this regard. Wheneverthere Whenever there is any change in the residential status of the Purchaser Allottee subsequent to the signing ofthis of this Agreement, it shall be the sole responsibility of the Purchaser Allottee to intimate the same inwriting in writing to the Developer and Vendors Vendor immediately and comply with necessary formalities if any under the applicable lawsApplicable Laws. The Developer and Vendors Vendor shall not be responsible towards any third party making payment/payment/ remittances on behalf of any Purchaser Allottee and suchthird such third party shall not have any right in the application/allotment of the said Shop/ Office /Godown / Back Office/Commercial / Semi - Commercial / mix use Complex apartment applied forherein for herein in any way and the Developer Vendor shall be issuing the payment receipts in favor favour of thePurchaser the Allottee only.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. The PurchaserAllottee, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bankof Bank of India Act and Rules and Regulations made there under or any statutory amendment(s),modification(samendment(s) modification(s) made thereof and all other applicable laws including that of remittance of payment acquisition/sale/transfer of immovable properties in India etc. and provide the Developer/ Vendors Promoter with such permissionpermissions, approvals which would enable the Developer/ Vendors Promoter to fulfill its their obligations under this Agreement. Any refund, transfer of security, ifprovided if provided in terms of the Agreement shall be made in accordance with the provisions of Foreign Exchange Management Act, 1999 or statutory enactments or amendments thereof and the Rulesand Rules and Regulations of the Reserve Bank of India or any other applicable law. The Purchaser Allottee understands and agrees that in the event of any failure on his/her her/their/its part to comply with theapplicable the applicable guidelines issued by the Reserve Bank of India, he/she shall be liable for any actionunder action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amendedfrom amended from time to time. The Developer and Vendors Promoter accept no responsibility in this regard. The Purchaser Allottee shall keep the Developer Promoter and Owners/Vendors fully indemnified and harmless in this regard. Wheneverthere Whenever there is any change in the residential status of the Purchaser Allottee subsequent to the signing ofthis of this Agreement, it shall be the sole responsibility of the Purchaser Allottee to intimate the same inwriting in writing to the Developer and Vendors Promoter immediately and comply with necessary formalities if any under the applicable laws. The Developer and Vendors Promoter shall not be responsible towards any third third-party making payment/remittances on behalf of any Purchaser Allottee and suchthird such third party shall not have any right in the application/allotment of the said Shop/ Office /Godown / Back OfficeFlat/Commercial / Semi - Commercial / mix use Complex Apartment applied forherein for herein in any way and the Developer Promoter shall be issuing the payment receipts in favor favour of thePurchaser the Allottee only.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. The Purchaser, if a. If the Allottee(s) is the resident outside IndiaIndia or having Non Resident Indian (NRI) or Oversees Citizen of India (OCI) status, such Allottee(s) clearly and unequivocally confirms he shall be individually and solely responsible for complying compilation with the necessary formalities as laid down in Foreign Exchange Management Act, 1999Act 1999 (FEMA), Reserve Bankof Bank of India (RBI) Act and Rules and Regulations / Guidelines made / issued there under or any statutory amendment(s),modification(s) made thereof and all other applicable laws including that of remittance of payment payments, acquisition/sale/sale or transfer of immovable properties property/s in India etc. and provide The Allottee(s) shall also furnish the Developer/ Vendors required declaration to the Promoter in the prescribed format, with such permission, approvals which would /approvals/no objections to enable the Developer/ Vendors Promoter to fulfill its obligations under this Agreement. Any refundIn case any such permission is ever refused or subsequently found lacking by any Statutory Authority / Promoter, transfer or in case of securityany implications arising out of any default by the Allottee(s), ifprovided in terms it shall be the sole liability and responsibility of the Agreement Allottee(s). b. The Promoter shall be made in accordance with the provisions of Foreign Exchange Management Act, 1999 or statutory enactments or amendments thereof and the Rulesand Regulations of the Reserve Bank of India or any other applicable law. The Purchaser understands and agrees that in the event of any failure on his/her part to comply with theapplicable guidelines issued by the Reserve Bank of India, he/she shall be liable for any actionunder the Foreign Exchange Management Act, 1999 or other laws as applicable, as amendedfrom time to time. The Developer and Vendors accept no responsibility in this regard. The Purchaser regard and the Allottee(s) shall keep the Developer and Vendors Promoter fully indemnified and harmless for any harm or injury caused to it for any reason whatsoever in this regard. Wheneverthere Whenever there is any a change in the residential status of the Purchaser Allottee(s), subsequent to the signing ofthis of this Agreement, it shall be the sole responsibility of the Purchaser Allottee(s) to intimate the same inwriting in writing to the Developer and Vendors Promoter immediately and comply with all the necessary formalities formalities, if any any, under the applicable laws. The Developer In event of non-fulfillment of the permission as mentioned above, the amount paid towards Total Price will be refunded without interest, by the Promoter (excluding taxes) as per the cancellation and Vendors shall forfeiture process mentioned in this Agreement and the allotment cancelled forthwith and the Promoter will not be responsible towards liable in any third party making payment/remittances manner on behalf such account. In case of any Purchaser Non-Resident Indians (NRI) and suchthird party Persons of Indian Origin (PIO), all refunds, if any, shall, however, be made in Indian Rupees and Allottee(s) alone shall not have any right in be liable to get all the application/allotment necessary permission for getting the refund of the said Shop/ Office /Godown / Back Office/Commercial / Semi - Commercial / mix use Complex applied forherein in any way and amount paid towards the Developer Total Price as mentioned above from the concerned authorities. In case of foreign remittance, the net amount credited to bank shall be issuing taken as amount received and necessary bank charges shall be borne by the Allottee(s). The date in which such credit is made to the bank account of Allottee(s) will be considered as date of payment receipts and no other date. Allottee(s) shall provide to the Promoter copy of the SWIFT message to trace the remittance in favor of thePurchaser onlyIndia.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. The PurchaserAllottee, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in the Foreign Exchange Management Act, 1999, the Reserve Bankof Bank of India Act Act, 1934 and the Rules and Regulations made there under thereunder or any statutory amendment(s),modification(samendment(s) modification(s) made thereof and all other applicable laws including that of remittance of payment acquisition/sale/acquisition / sale / transfer of immovable properties in India etc. and provide the Developer/ Vendors Promoter with such permission, approvals which would enable the Developer/ Vendors Promoter to fulfill fulfil its obligations under this Agreement. Any refund, transfer of security, ifprovided if provided in terms of the Agreement shall be made in accordance with the provisions of the Foreign Exchange Management Act, 1999 or the statutory enactments or amendments thereof and the Rulesand Rules and Regulations of the Reserve Bank bank of India or any other applicable law. The Purchaser Allottee understands and agrees that in the event of any failure on his/his/ her part to comply with theapplicable the applicable guidelines issued by the Reserve Bank of India, he/she shall may be liable for any actionunder action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amendedfrom amended from time to time. The Developer and Vendors accept Promoter accepts no responsibility in this regardregard to matter specified in para 3.1 above. The Purchaser Allottee shall keep the Developer and Vendors Promoter fully indemnified and harmless in this regard. Wheneverthere Whenever there is any change in the residential status of the Purchaser Allottee subsequent to the signing ofthis of this Agreement, it shall be the sole responsibility of the Purchaser Allottee to intimate the same inwriting in writing to the Developer and Vendors Promoter immediately and comply with necessary formalities if any under the applicable application laws. The Developer and Vendors Promoter shall not be responsible towards any third party making payment/payment remittances on behalf of any Purchaser Allottee and suchthird such third party shall not have any right in the application/application / allotment of the said Shop/ Office /Godown / Back Office/Commercial / Semi - Commercial / mix use Complex apartment applied forherein for herein in any way and the Developer Promoter shall be issuing the payment receipts in favor favour of thePurchaser the Allottee only.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. The PurchaserAllottee, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bankof Bank of India Act Act, 1934 and the Rules and Regulations made there under or any statutory amendment(s),modification(samendment(s) modification(s) made thereof and all other applicable laws including that of remittance of payment acquisition/sale/transfer of immovable properties in India etc. and provide the Developer/ Vendors Promoter with such permission, approvals which would enable the Developer/ Vendors Promoter to fulfill fulfil its obligations under this Agreement. Any refund, transfer of security, ifprovided if provided in terms of the Agreement shall be made in accordance with the provisions of Foreign Exchange Management Act, 1999 or the statutory enactments or amendments thereof and the Rulesand Rules and Regulations of the Reserve Bank of India or any other applicable law. The Purchaser Allottee understands and agrees that in the event of any failure on his/her part to comply with theapplicable the applicable guidelines issued by the Reserve Bank of India, he/she shall may be liable for any actionunder action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amendedfrom amended from time to time. The Developer and Vendors accept Promoter accepts no responsibility in this regardregard to matters specified in para 3.1 above. The Purchaser Allottee shall keep the Developer and Vendors Promoter fully indemnified and harmless in this regard. Wheneverthere Whenever there is any change in the residential status of the Purchaser Allottee subsequent to the signing ofthis of this Agreement, it shall be the sole responsibility of the Purchaser Allottee to intimate the same inwriting in writing to the Developer and Vendors Promoter immediately and comply with necessary formalities if any under the applicable laws. The Developer and Vendors Promoter shall not be responsible towards any third party making payment/remittances on behalf of any Purchaser Allottee and suchthird such third party shall not have any right in the application/allotment of the said Shop/ Office /Godown / Back Office/Commercial / Semi - Commercial / mix use Complex apartment applied forherein for herein in any way and the Developer Promoter shall be issuing the payment receipts in favor favour of thePurchaser the Allottee only.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. The PurchaserAllottee, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bankof Bank of India Act Act, 1934 and the Rules and Regulations made there under or any statutory amendment(s),modification(samendments/modification(s) made thereof and all other applicable laws including that of remittance of payment acquisition/sale/sale/ transfer of immovable properties in India etc. and provide the Developer/ Vendors Promoter with such permission, approvals which would enable the Developer/ Vendors Promoter to fulfill its obligations under this Agreement. Any refund, transfer of security, ifprovided if provided in terms of the Agreement shall be he made in accordance with the provisions of Foreign Exchange Management Act, 1999 or the statutory enactments or amendments thereof and the Rulesand Rules and Regulations of the Reserve Bank of India or any other applicable law. The Purchaser Allottee understands and agrees that in the event of any failure on his/her part to comply with theapplicable the applicable guidelines issued by the Reserve of Bank of India, he/she shall may be liable for any actionunder action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amendedfrom amended from time to time. The Developer and Vendors accept Promoter accepts no responsibility in this regardregard to matters specified in Clause 3.1 above. The Purchaser Allottee shall keep the Developer and Vendors Promoter fully indemnified and harmless in this regard. Wheneverthere Whenever there is any change in the residential their side initial status of the Purchaser Allottee subsequent to the signing ofthis of this Agreement, it shall be the sole responsibility of the Purchaser Allottee to intimate the same inwriting in writing to the Developer and Vendors Promoter immediately and comply with necessary formalities if any under the applicable laws. The Developer and Vendors Promoter shall not be responsible towards any third party making payment/payment/ remittances on behalf of any Purchaser Allottee and suchthird such third party shall not have any right in the application/allotment of the said Shop/ Office /Godown / Back Office/Commercial / Semi - Commercial / mix use Complex Flat applied forherein for herein in any way and the Developer Promoter shall be issuing the payment receipts in favor favour of thePurchaser the Allottee only.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. The PurchaserAllottee, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bankof Bank of India Act Act, 1934 and the Rules and Regulations made there under or any statutory amendment(s),modification(samendments/modification(s) made thereof and all other applicable laws including that of remittance of payment acquisition/sale/sale/ transfer of immovable properties in India etc. and provide the Developer/ Vendors Promoter with such permission, approvals which would enable the Developer/ Vendors Promoter to fulfill its obligations under this this, Agreement. Any refund, transfer of security, ifprovided if provided in terms of the Agreement shall be he made in accordance with the provisions of Foreign Exchange Management Act, 1999 or the statutory enactments or amendments thereof and the Rulesand Rules and Regulations of the Reserve Bank of India or any other applicable law. The Purchaser Allottee understands and agrees that in the event of any failure on his/her part to comply with theapplicable the applicable guidelines issued by the Reserve of Bank of India, he/she shall may be liable for any actionunder action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amendedfrom amended from time to time. The Developer and Vendors accept Promoter accepts no responsibility in this regardregard to matters specified in para 3.1 above. The Purchaser Allottee shall keep the Developer and Vendors Promoter fully indemnified and harmless in this regard. Wheneverthere Whenever there is any change in the residential status of the Purchaser Allottee subsequent to the signing ofthis of this Agreement, it shall be the sole responsibility of the Purchaser Allottee to intimate the same inwriting in writing to the Developer and Vendors Promoter immediately and comply with necessary formalities if any under the applicable laws. , The Developer and Vendors Promoter shall not be responsible towards any third party making payment/payment/ remittances on behalf of any Purchaser Allottee and suchthird such third party shall not have any right in the application/allotment of the said Shop/ Office /Godown / Back Office/Commercial / Semi - Commercial / mix use Complex apartment applied forherein for herein in any way and the Developer Promoter shall be issuing the payment receipts in favor favour of thePurchaser the Allottee only.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. The PurchaserAllottee, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bankof Bank of India Act Act, 1934 and the Rules and Regulations made there under thereunder or any statutory amendment(s),modification(samendments/modifications) made thereof and all other applicable laws including that of remittance of payment acquisition/sale/transfer of immovable properties in India etc. and provide the Developer/ Vendors Promoter with such permission, approvals which would enable the Developer/ Vendors Promoter to fulfill its obligations under this Agreement. Any refund, transfer of security, ifprovided if provided in terms of the Agreement shall be made in accordance with the provisions of Foreign Exchange Management Act, 1999 or the statutory enactments or amendments thereof and the Rulesand Rules and Regulations of the Reserve Bank of India or any other applicable law. The Purchaser Allottee understands and agrees that in the event of any failure on his/her part to comply with theapplicable the applicable guidelines issued by the Reserve of Bank of India, he/she the Allottee shall be liable for any actionunder action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amendedfrom amended from time to time. The Developer and Vendors accept Promoter accepts no responsibility with regard to matters specified in this regardpara 3.1 above. The Purchaser Allottee shall keep the Developer and Vendors Promoter fully indemnified and harmless in this regard. Wheneverthere Whenever there is any change in the residential status of the Purchaser Allottee subsequent to the signing ofthis of this Agreement, it shall be the sole responsibility of the Purchaser Allottee to intimate the same inwriting in writing to the Developer and Vendors Promoter immediately and comply with necessary formalities if any under the applicable laws. The Developer and Vendors Promoter shall not be responsible towards any third third-party making payment/remittances on behalf of any Purchaser Allottee and suchthird such third party shall not have any right in the application/allotment of the said Shop/ Office /Godown / Back Office/Commercial / Semi - Commercial / mix use Complex apartment applied forherein for herein in any way and the Developer Promoter shall be issuing the payment receipts in favor favour of thePurchaser the Allottee only.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. The PurchaserAllottee/s, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bankof Bank of India Act and Rules and Regulations made there under thereunder or any statutory amendment(s),modification(samendment(s) modification(s) made thereof and all other applicable laws including that of remittance of payment acquisition/sale/transfer of immovable properties in India etc. and And provide the Developer/ Vendors Promoter with such permission, approvals which would enable the Developer/ Vendors Promoter to fulfill its obligations under this Agreement. Any refund, transfer of security, ifprovided if provided in terms of the Agreement shall be made in accordance with the provisions of Foreign Exchange Management Act, 1999 or statutory enactments or amendments thereof and the Rulesand Rules and Regulations of the Reserve Bank of India or any other applicable law. The Purchaser Allottee/s understands and agrees that in the event of any failure on his/her part to comply with theapplicable the applicable guidelines issued by the Reserve Bank of India, he/she shall be liable for any actionunder action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amendedfrom amended from time to time. The Developer and Vendors accept Promoter accepts no responsibility in this regard. The Purchaser Allottee/s shall keep the Developer and Vendors Promoter fully indemnified and harmless in this regard. Wheneverthere Whenever there is any change in the residential status of the Purchaser Allottee/s subsequent to the signing ofthis of this Agreement, it shall be the sole responsibility of the Purchaser Allottee/s to intimate the same inwriting in writing to the Developer and Vendors Promoter immediately and comply with necessary formalities if any under the applicable laws. The Developer and Vendors Promoter shall not be responsible towards any third third-party making payment/remittances on behalf of any Purchaser Allottee/s and suchthird such third party shall not have any right in the application/allotment of the said Shop/ Office /Godown / Back Office/Commercial / Semi - Commercial / mix use Complex apartment applied forherein for herein in any way and the Developer Promoter shall be issuing the payment receipts in favor favour of thePurchaser the Allottee/s only.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. The PurchaserAllottee, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bankof Bank of India Act Act, 1934 and the Rules and Regulations made there under thereunder or any statutory amendment(s),modification(samendment(s) modification(s) made thereof and all other applicable laws including that of remittance of payment acquisition/sale/transfer of immovable properties in India etc. and provide the Developer/ Vendors Promoter with such permission, approvals which would enable the Developer/ Vendors Promoter to fulfill its obligations under this Agreement. Any refund, transfer of security, ifprovided if provided in terms of the Agreement shall be made in accordance with the provisions of Foreign Exchange Management Act, 1999 or the statutory enactments or amendments thereof and the Rulesand Rules and Regulations of the Reserve Bank of India or any other applicable law. The Purchaser Allottee understands and agrees that in the event of any failure on his/her part to comply with theapplicable the applicable guidelines issued by the Reserve Bank of India, he/she shall may be liable for any actionunder action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amendedfrom amended from time to time. The Developer and Vendors accept Promoter accepts no responsibility in this regardregard to matters specified in para 3.1 above. The Purchaser Allottee shall keep the Developer and Vendors Promoter fully indemnified and harmless in this regard. Wheneverthere Whenever there is any change in the residential status of the Purchaser Allottee subsequent to the signing ofthis of this Agreement, it shall be the sole responsibility of the Purchaser Allottee to intimate the same inwriting in writing to the Developer and Vendors Promoter immediately and comply with necessary formalities if any under the applicable laws. The Developer and Vendors Promoter shall not be responsible towards any third party making payment/remittances on behalf of any Purchaser Allottee and suchthird such third party shall not have any right in the application/allotment of the said Shop/ Office /Godown / Back Office/Commercial / Semi - Commercial / mix use Complex apartment applied forherein for herein in any way and the Developer Promoter shall be issuing the payment receipts in favor of thePurchaser the Allottee only.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. The PurchaserAllottee, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bankof Bank of India Act Act, 1934 and the Rules and Regulations made there under thereunder or any statutory amendment(s),modification(samendments/modification(s) made thereof and all other applicable laws including that of remittance of payment acquisition/sale/sale/ transfer of immovable properties in India etc. and provide the Developer/ Vendors Promoter with such permission, approvals which would enable the Developer/ Vendors Promoter to fulfill its obligations under this Agreement. Any refund, transfer of security, ifprovided if provided in terms of the Agreement shall be he made in accordance with the provisions of Foreign Exchange Management Act, 1999 or the statutory enactments or amendments thereof and the Rulesand Rules and Regulations of the Reserve Bank of India or any other applicable law. The Purchaser Allottee understands and agrees that in the event of any failure on his/her part to comply with theapplicable the applicable guidelines issued by the Reserve of Bank of India, he/she shall may be liable for any actionunder action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amendedfrom amended from time to time. The Developer and Vendors accept Promoter accepts no responsibility in this regardregard to matters specified in Clause 3.1 above. The Purchaser Allottee shall keep the Developer and Vendors Promoter fully indemnified and harmless in this regard. Wheneverthere Whenever there is any change in the residential status of the Purchaser Allottee subsequent to the signing ofthis of this Agreement, it shall be the sole responsibility of the Purchaser Allottee to intimate the same inwriting in writing to the Developer and Vendors Promoter immediately and comply with necessary formalities if any under the applicable laws. The Developer and Vendors Promoter shall not be responsible towards any third party making payment/payment/ remittances on behalf of any Purchaser Allottee and suchthird such third party shall not have any right in the application/allotment of the said Shop/ Office /Godown / Back Office/Commercial / Semi - Commercial / mix use Complex apartment applied forherein for herein in any way and the Developer Promoter shall be issuing the payment receipts in favor favour of thePurchaser the Allottee only.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. The PurchaserAllottee, if resident outside India, shall be solely sole responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bankof Bank of India Act act, 1934 and the Rules and Regulations made there under or any statutory amendment(s),modification(samendments/modification(s) made thereof and all other applicable otherapplicable laws including that of remittance of payment acquisition/sale/sale/ transfer of immovable properties in India etc. and provide the Developer/ Vendors Promoter with such permission, approvals which would enable the Developer/ Vendors Promoter to fulfill its obligations under this Agreement. Any refund, transfer of security, ifprovided if provided in terms of the Agreement shall be he made in accordance with the provisions of Foreign Exchange Management Act, 1999 or the statutory enactments or amendments thereof and the Rulesand Rules and Regulations of the Reserve Bank of India or any other applicable law. The Purchaser Allottee understands and agrees that in the event of any failure on his/her part to comply with theapplicable the applicable guidelines issued by the Reserve Bank of India, he/she shall may be liable for any actionunder action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amendedfrom amended from time to time. The Developer and Vendors accept Promoter accepts no responsibility in this regard. regard to matters specified in para 3.1 above, The Purchaser Allottee shall keep the Developer and Vendors Promoter fully indemnified and harmless in this regard. Wheneverthere Whenever there is any change in the residential status of the Purchaser Allottee subsequent to the signing ofthis of this Agreement, it . It shall be the sole responsibility of the Purchaser Allottee to intimate the same inwriting in writing to the Developer and Vendors Promoter immediately and comply with necessary formalities if any under the applicable laws. The Developer and Vendors Promoter shall not be responsible towards any third party making payment/remittances on behalf of any Purchaser Allottee and suchthird such third party shall not have any right in the application/allotment of the said Shop/ Office /Godown / Back Office/Commercial / Semi - Commercial / mix use Complex apartment applied forherein for herein in any way and the Developer Promoter shall be issuing the payment receipts in favor favour of thePurchaser the Allottee only.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. The PurchaserPurchaser/ Allottee, if resident residing outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bankof Bank of India Act Act, 1934 and the Rules and Regulations made there under or any statutory amendment(s),modification(samendments/ modification(s) made thereof hereof and all other applicable laws including that of remittance of payment acquisition/sale/transfer of immovable properties in India etc. and provide the Developer/ Vendors Developer/Promoter with such permission, approvals which would enable the Developer/ Vendors Developer/Promoter to fulfill its obligations under this Agreement. Any refund, transfer of security, ifprovided if provided in terms of the Agreement shall be he made in accordance with the provisions of Foreign Exchange Management Act, 1999 or the statutory enactments or amendments thereof and the Rulesand Rules and Regulations of the Reserve Bank of India or any other applicable law. The Purchaser Purchaser/Allottee understands and agrees that in the event of any failure on his/her part to comply with theapplicable the applicable guidelines issued by the Reserve Bank of India, he/she shall may be liable for any actionunder action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amendedfrom amended from time to time. . 8.5.1 The Developer and Vendors accept Developer/Promoter accepts no responsibility in this regardregard to matters specified in clause 8.5 above. The Purchaser Purchaser/Allottee shall keep the Developer Developer/Promoter and Vendors the Owners fully indemnified and harmless in this regard. Wheneverthere Whenever there is any change in the residential status of the Purchaser Purchaser/Allottee subsequent to the signing ofthis of this Agreement, it shall be the sole responsibility of the Purchaser Purchaser/Allottee to intimate the same inwriting in writing to the Developer and Vendors Dveloper/Promoter immediately and comply with necessary formalities if any under the applicable laws. , The Developer and Vendors Developer/Promoter shall not be responsible towards any third party making payment/remittances on behalf of any Purchaser Purchaser/Allottee and suchthird such third party shall not have any right in the application/application/ allotment of the said Shop/ Office /Godown / Back Office/Commercial / Semi - Commercial / mix use Complex apartment applied forherein for herein in any way and the Developer Developer/Promoter shall be issuing the payment receipts in favor favour of thePurchaser the Purchaser/Allottee only.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. The PurchaserAllottee/s, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bankof Bank of India Act and Rules and Regulations made there under thereunder or any statutory amendment(s),modification(samendment(s) modification(s) made thereof and all other applicable laws including that of remittance of payment acquisition/sale/transfer of immovable properties in India etc. and provide the Developer/ Vendors Vendor with such permission, approvals which would enable the Developer/ Vendors Vendor to fulfill its obligations under this Agreement. Any refund, transfer of security, ifprovided if provided in terms of the Agreement shall be made in accordance with the provisions of Foreign Exchange Management Act, 1999 or statutory enactments or amendments thereof and the Rulesand Rules and Regulations of the Reserve Bank of India or any other applicable law. The Purchaser Allottee/s understands and agrees that in the event of any failure on his/her part to comply with theapplicable the applicable guidelines issued by the Reserve Bank of India, he/she shall be liable for any actionunder action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amendedfrom amended from time to time. The Developer and Vendors accept Vendor accepts no responsibility in this regard. The Purchaser Allottee/s shall keep the Developer and Vendors Vendor fully indemnified and harmless in this regard. Wheneverthere Whenever there is any change in the residential status of the Purchaser Allottee/s subsequent to the signing ofthis of this Agreement, it shall be the sole responsibility of the Purchaser Allottee/s to intimate the same inwriting in writing to the Developer and Vendors Vendor immediately and comply with necessary formalities if any under the applicable laws. The Developer and Vendors shall not Vendor shallnot be responsible towards any third party making payment/remittances on behalf of any Purchaser Allottee/s and suchthird such third party shall not have any right in the application/allotment of the said Shop/ Office /Godown / Back Office/Commercial / Semi - Commercial / mix use Complex apartment applied forherein for herein in any way and the Developer Vendor shall be issuing the payment receipts in favor favour of thePurchaser the Allottee/s only.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. The PurchaserAllottee, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bankof Bank of India Act Act, 1934 and the Rules and Regulations made there under thereunder or any statutory amendment(s),modification(samendment(s) modification(s) made thereof and all other applicable laws including that of remittance of payment acquisition/sale/transfer of immovable properties in India etc. and provide the Developer/ Vendors Promoter with such permission, approvals which would enable the Developer/ Vendors Promoter to fulfill its obligations under this Agreement. Any refund, transfer of security, ifprovided if provided in terms of the Agreement shall be made in accordance with the provisions of Foreign Exchange Management Act, 1999 or statutory enactments or amendments thereof and the Rulesand Rules and Regulations of the Reserve Bank of India or any other applicable law. The Purchaser Allottee understands and agrees that in the event of any failure on his/her part to comply with theapplicable the applicable guidelines issued by the Reserve of Bank of India, he/she shall be liable for any actionunder action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amendedfrom amended from time to time. The Developer and Vendors accept Promoter accepts no responsibility in this regard. The Purchaser Allottee shall keep the Developer and Vendors Promoter fully indemnified and harmless in this regard. Wheneverthere Whenever there is any change in the residential status of the Purchaser Allottee subsequent to the signing ofthis of this Agreement, it shall be the sole responsibility of the Purchaser Allottee to intimate the same inwriting in writing to the Developer and Vendors Promoter immediately and comply with necessary formalities if any under the applicable laws. The Developer and Vendors Promoter shall not be responsible towards any third party making payment/remittances on behalf of any Purchaser Allottee and suchthird such third party shall not have any right in the application/allotment allotment/agreement of the said Shop/ Office /Godown / Back Office/Commercial / Semi - Commercial / mix use Complex Unit and Parking Facility, if any, applied forherein for herein in any way and the Developer Promoter shall be issuing the payment receipts in favor favour of thePurchaser the Allottee only.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. The PurchaserAllottee, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bankof Bank of India Act Act, 1934 and the Rules and Regulations made there under or any statutory amendment(s),modification(samendments/modification(s) made thereof and all other applicable laws including that of remittance of payment acquisition/sale/sale/ transfer of immovable properties in India etc. and provide the Developer/ Vendors Promoter with such permission, approvals which would enable the Developer/ Vendors Promoter to fulfill its obligations under this Agreement. Any ' refund, transfer of security, ifprovided if provided in terms of the Agreement shall be made in accordance with the provisions of Foreign Exchange Management Act, 1999 or the statutory enactments or amendments thereof and the Rulesand Rules and Regulations of the Reserve Bank of India or any other applicable law. The Purchaser Allottee understands and agrees that in the event of any failure on his/her part to comply with theapplicable the applicable guidelines issued by the Reserve of Bank of India, he/she shall may be liable for any actionunder action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amendedfrom amended from time to time. The Developer and Vendors accept Promoter accepts no responsibility in this regardregard to matters specified in para 3.1 above. The Purchaser Allottee shall keep the Developer and Vendors Promoter fully indemnified and harmless in this regard. Wheneverthere Whenever there is any change in the residential status of the Purchaser Allottee subsequent to the signing ofthis of this Agreement, it . It shall be the sole responsibility of the Purchaser Allottee to intimate the same inwriting in writing to the Developer and Vendors Promoter immediately and comply with necessary formalities if any under the applicable laws. , The Developer and Vendors Promoter shall not be responsible towards any third party making payment/payment/ remittances on behalf of any Purchaser Allottee and suchthird such third party shall not have any right in the application/allotment of the said Shop/ Office /Godown / Back Office/Commercial / Semi - Commercial / mix use Complex apartment applied forherein for herein in any way and the Developer Promoter shall be issuing the payment receipts in favor favour of thePurchaser the Allottee only.