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SCHEDULE-V
PENALTIES FOR NON-OBSERVANCE OF THE TERMS AND
CONDITIONS OF ROYALTY COLLECTION
CONTRACT/EXCESS ROYALTY COLLECTION CONTRACT
AGREEMENT
[See rule 44(26)]
S. Rule Clause Brief content of the Penalty
No. of breach
agree-
ment
1 2 3 4 5
1. 44(4) 3(iv) Issuing incomplete (i) If the breach does
royalty receipts not continue after
receipt of notice,
ten percent of
security deposit
or rupees ten
thousand,
whichever less,
shall be payable
by the contractor.
(ii) If the breach
continues after
notice period, the
contract shall be
terminated with