QUOTE(whyang80 @ Mar 26 2015, 04:47 PM)
For info sharing :
I just got off the phone with the Tribunal. The person in charge stated that the Court has already decided that LAD payment is from Purchase Price. Latest case Nov2014 confirmed that LAD must be calculated from Purchase Price in S&P and Not Discounted Price. The person in charge attributed that many such cases from developers not following the protocol. Requested me to submit for tribunal.
I just booked a unit from MCT.... based on what u faced now I think i need to reconsider my booking in MCT... Tribunal doesn't need lawyers.... MCT also cannot use lawyers.... case have to fight individually.... I heard the process is fast....I just got off the phone with the Tribunal. The person in charge stated that the Court has already decided that LAD payment is from Purchase Price. Latest case Nov2014 confirmed that LAD must be calculated from Purchase Price in S&P and Not Discounted Price. The person in charge attributed that many such cases from developers not following the protocol. Requested me to submit for tribunal.
Mar 26 2015, 04:53 PM

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