JCT Associates Pvt. Ltd.

Verification of All Government Dues & Statutory Liability Payments

Comprehensive Financial Compliance Safeguard During Redevelopment

During the redevelopment phase, the Developer is responsible for payment of substantial government dues, premiums, taxes, levies, and statutory charges—often amounting to lakhs or even crores of rupees. Any delay, underpayment, or default can expose the Society to recovery proceedings, penalties, interest liabilities, or legal complications.

We verify and confirm that all applicable government dues, premiums, taxes, charges, levies, and statutory payments are duly paid by the Developer to the concerned authorities, thereby ensuring full legal and regulatory compliance and safeguarding the Society from any future liabilities.

Objective

• To protect the Society from statutory recovery claims

• To ensure timely payment of high-value government dues

• To verify compliance with financial obligations

• To prevent interest, penalty, or attachment risks

• To maintain structured financial governance
  
  

Scope of Our Services

1. Identification of Applicable Statutory Dues

We verify payments relating to:

• Property Tax

• Water Charges

• Electricity Charges

• Development premiums

• Infrastructure charges

• Government levies and statutory fees

• Any other authority-imposed financial obligations
  
  

2. Verification of High-Value Payments

We review and confirm:

• Premium payments running into lakhs or crores

• Installment-based government payments

• Demand notices issued by authorities

• Payment timelines and due dates

• Clearance confirmations
  
  

3. Documentary Scrutiny

We examine:

• Official receipts and challans

• Online payment acknowledgements

• Authority-issued clearance certificates

• Outstanding balance statements

• Ledger reconciliation records
  
  

4. Liability & Risk Assessment

We assess:

• Any unpaid or partially paid dues

• Accrued interest or penalty exposure

• Pending statutory demands

• Legal recovery risks

• Impact on OC or final approvals
  
  

5. Comprehensive Verification Report

Our structured report includes:

• Category-wise list of dues

• Payment status summary

• Amount verification details

• Compliance confirmation or deviation remarks

• Risk advisory note
  
  

Benefits to the Society

Protection against future statutory liabilities
Prevention of recovery or attachment proceedings
Transparent financial compliance tracking
Reduced regulatory and legal risk
Strengthened redevelopment accountability

Our Assurance

We ensure systematic verification of all government dues, premiums, taxes, levies, and statutory payments made during the redevelopment phase, providing documented confirmation of compliance and safeguarding the Society from future financial and legal liabilities.