premises. The developer as result of such contingency arising, reserves the right to alter or vary the terms and conditions of this Agreement if the circumstances beyond the control of the developer so warrant, the developer may suspend the Scheme for such period as it might consider expedient. In case the DEVELOPER is unable to complete the project on account of any law passed by the legislature or any other government agency, in that event the developer if so advised, shall be entitled to challenge the validity, applicability and/or efficacy of such legislation, order and/or bye law by instituting appropriate proceedings before courts(s), tribunal(s) or authorities. in such situation, the amounts paid by the allotte(s) shall continue to remain with the company and the allottee(s) shall not be entitled to initiate any proceedings against the company for delay in execution of the project. It is specifically agreed that this agreement shall remain in abeyance till final determination of such matter/ cases by appropriate courts(s), tribunal(s) or authorities. in case, the developer succeeds in its challenge to the impugned legislation/rule/order and/or bye-law, in that event this agreement shall be revived. In case the developer is unsuccessful in its challenge to the impugned legislation/rule/order and/or bye-law, in that event the developer shall refund without any interest or compensation and in such reasonable manner as may be decided by the developer the amounts paid by the allottee(s). The decision of the developer in this regard shall be final and binding on all allottee(s). However, in case the project is delayed due to condition other than stipulated above, the Developer will pay penalty @Rs. 25/ per sq. ft. per month after expiration of the grace period of 3 months and till handing over of the possession to the Allottee.”
