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Penalties
 
Penalties imposed on various Housing Finance Companies for contravention of the various provisions of the NHB Act, 1987 and HFC(NHB) Directions, 2001 for the period April 01, 2009 to March 31, 2010
 
Sl.No. Company’s Name Letter No. & Date Reasons for imposition of Penalty Amount of penalty
1. MAS Rural Housing & Mortgage Finance NHB(ND)/DRS/81/2009 dated 4.2.2010 Late submission of Half Yearly Return as on 30.9.2009 Rs.1000/-
2. Vastu Housing Finance Ltd. NHB(ND)/DRS/18/2010 dated 16.3.2010 Late submission of Half Yearly Return as on 30.9.2009 Rs. 1000/-
3. HBN Housing Finance 1.)NHB(ND)/DRS/257/2010 dated 12.7.2010

2.)NHB(ND)/DRS/4332/2010 dated 12.7.2010		 Late submission of Half Yearly Return as On 30.09.2009
Late submission of HY Return w.r.t. position as on 31.03.2010		 Rs. 1000/-


Rs. 1000/-
4. Jahnavi Home Dev. & Finance Ltd. 1)NHB(ND)/DRS/1979/2010 dated 30.03.2010

2) NHB(ND)/DRS/253/2010 dated 08.07.2010		 Late Submission of HY Return as on 30.9.2009

Non-submission of Annual Return as on 31.03.2009		 Rs. 1000/-


Rs. 5000/-
 
 
 
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