PORTAL FOR E-AUCTION: https://haryanaeprocurement.gov.in. The e-auction portal can also be accessed through HUDA website

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Transcription:

BROCHURE CONTAINING DETAILED TERMS AND CONDITIONS FOR AUCTION OF PRFERENTIAL RESIDENTIAL PLOTS ( GP/P/SP), INSTITUTIONAL INCLUDING SCHOOL/COLLEGE/NURSING HOME/CLINIC SITES), COMMERCIAL SITES (OTHER THAN BOOTHS/KIOSKS) ON AS IS WHERE IS BASIS Start Of E-Auction Close Of E-Auction Online Payment of EMD IN ESTATE OFFICE HUDA THROUGH E-AUCTION AT 09.00 AM ON EACH DAY AS PER SCHEDULE GIVEN ON HUDA WEBSITE www.huda.org.in TILL 2.00 PM, Further extension will take places as per condition no. 10 of the brochure. All the intended bidders are required to deposit the amount through e-challan which shall be generated online from portal https://haryanaeprocurement.gov.in PORTAL FOR E-AUCTION: https://haryanaeprocurement.gov.in. The e-auction portal can also be accessed through HUDA website www.huda.org.in TOLL FREE NO:- 1800-180-2097, 0172-2582008-09, 1800-180-3030 1

Office Timings Of Help-desk support for Single eprocurement Portal of Government of Haryana Technical Support Assistance will be available over telephone on Monday to Friday between 09:00 am. to 5:30 pm. Important Note:- All queries would require to be registered at our official emailchandigarh@nextenders.com for on-time support. (Only those queries which are sent through email along with appropriate screenshots or error description will be considered as registered with the Help-desk). Contact our helpdesk on or before prior to 4 hours of the scheduled closing date & time of respective e-auction/ Tender event. For queries pertaining to e-payment of EMD, please contact the helpdesk at least 2 business days prior to the closing date & time of e-auction/tender event. Help-desk support will remain closed during lunch break i.e. from 1:30 PM up to 2:15 PM on each working day. Office Address for Training workshop on 1 st, 2 nd Wednesday, Timing (from 3:30 pm up to 5:00 pm) of each month Nextenders India Pvt.Ltd Municipal Corporation Faridabad Near B.K.Chowk, Opp. B.K.Hospital NIT, Faridabad Contact no.- +91-9310335475 Nextenders India Pvt.Ltd Public Health Division No 2 Hisar, Model Town, Opp. N.D Gupta Hospital, Hisar Contact: +91-9034357793 Nextenders (India) Pvt. Ltd. Nirman Sadan (PWD B&R) Plot No.- 01, Basement, Dakshin Marg, Sec- 33 A, Chandigarh - 160020 For Support- 1800-180- 2097, 0172-2582008-2009 Office will remain closed on Saturday, Sunday and National Holidays. Help Desk contact details for Saturday and Sunday are as hereunder for escalation level - 1. 1. Mr.Lalit Saini +91-9034357793 Email chandigarh@nextenders.com Timings- 9:00 am to 5:30 pm 2. Mr. Tinku Singh - +91-9310335475 Email chandigarh@nextenders.com Timings- 9:00 am to 5:30 pm 2

TERMS AND CONDITIONS FOR AUCTION OF PRFERENTIAL RESIDENTIAL PLOTS ( GP/P/SP), INSTITUTIONAL INCLUDING SCHOOL/COLLEGE/NURSING HOME/CLINIC SITES), COMMERCIAL SITES (OTHER THAN BOOTHS/KIOSKS) E-AUCTION WILL START AT 9.00 AM each day as per given schedule on HUDA website www.huda.org.in A. ELIGIBILITY FOR PARTICIPATION: 1. Any person legally competent to enter into a contract will be eligible to participate in the auction. 2. No bid shall be accepted in the name of any other person(s) unless the name of all the persons making the bid is given specifying their individual share and the person making the bid produces a valid legal power of attorney authorizing him to bid on their behalf and also copy of PAN card of the applicant. 3. In the case of bid on behalf of a firm or company or an association etc., the bidder shall furnish the certified copies of Board Resolution/Authorization in favor of the person making the bid along with the certified copy of Memorandum of Association/Articles of Association of Company, partnership Deed, HUF etc as the case may be and that the bidder has the authority to bid and enter into an agreement. 4. Offer will be received subject to the reserve price and to the right of the Competent Authority, HUDA to accept the bid up-to or beyond such reserve price. 5. The Competent Authority of HUDA shall reserve to itself the right to accept any bid or reject any bid or withdraw any or all the sites from auction or cancel/postpone the e- auction, without assigning any reason thereof. 6. No bid below the reserve price will be accepted. 7. In the event of default or breach or non-compliance of any of the terms and conditions as indicated or for furnishing any wrong or incorrect information at the time of auction etc. the Competent Authority shall have the right to cancel the bid and forfeit whole or any part of the amount paid by the bidder. B. HOW TO PARTICIPATE: 8. Intending bidders will be required to sign-up and obtain user ID and password on the portal https://huda.haryanaeprocurement.gov.in and thereafter earnest Money Deposited (EMD)/ Security and Rs. 1,000/- towards non-refundable E-service fee for participation in the e-auction. The intending bidders shall be required to deposit the EMD/ Security amount online through RTGS/NEFT and e-service fee online mode through debit card/netbanking, as detailed in Annexure-I. 9. The intending bidders must ensure that the afore-said amounts are remitted. Thereafter they are required to again verify back the payment details by logging using their 3

respective id on https://huda.haryanaeprocurement.gov.in portal before 5.00 PM on or before two working days after the close of registration so as to be eligible to participate in the e-auction. In case of registration, challan generation and remittance of the afore-mentioned amounts after 5.00 PM for any reason whatsoever, HUDA will not be liable for non-participation/ automatic rejection of bidder by e-auction Portal https://haryanaeprocurement.gov.in for this e-auction event. 10. The e-auction will start at 9.00 AM at the portal https://haryanaeprocurement.gov.in. However, in case any bid in respect of any site is received 10 minutes prior to time fixed for closure of the bids i.e. 2.00 PM or further extended time interval, then the time for closure of the complete auction programme would be extended automatically by 10 minutes in addition to Auction Ends Time reflecting on https://haryanaeprocurement.gov.in, so that equal opportunity is made available to the persons participating in the bidding process. Such extensions of ten minutes will continue till bids are received within next 10 minutes of last bid for any of the site, otherwise the complete auction event will get concluded. 11. It will be the sole responsibility of the bidder/ participant to obtain a compatible computer terminal with internet connection to enable him/her to participate in e- auction process. 12. The minimum bid incremental value will be as below:- Sr. No. Reserve price ( Rs. ) Minimum bid incremental value (Rs.) During initial time provided i.e. from 9.00 A.M. upto 2.00 P.M. During time Less than or equal to 10,000 20,000 Rs. 50 lacs Less than or equal to 50,000 1,00,000 Rs. 1 crore but more than Rs. 50 lacs Less than or equal to 1,00,000 2,00,000 Rs. 5 crore but more than Rs. 1 crores More than Rs. 5 5,00,000 8,00,000 crores extended 13. Group of plots/sites having the same size and same earnest money, are likely be put up for e-auction as an single event. Bidder is required to deposit a single EMD, for live bidding simultaneously on all properties placed under the particular event. However, during the live auction as long as he is H-I (Highest bidder) in any of single plot/site under the particular event, he shall not be able to bid for other plots/sites under the same event. 4

As long as the particular event is not closed, all the properties under it shall remain live for bidding. The bidders are advised to continuously keep track on the portal of the bidding of different plots/sites under the particular event, till the final closure of the event. This is important because if a bid is received within the last 10 minutes, for any of plots/sites under the particular event, the time period for all the properties in the event will automatically extend for the next 10 minutes. C. RESERVE PRICE AND DETAIL OF THE SITES: 14. Detail of the sites is available on HUDA website www.huda.org.in D. PAYMENT TERMS: 15. The successful/highest bidder shall be required to remit the remaining of the amount equivalent to 10 % of his quoted bid amount by next bank working day succeeding to final bid closing day by way of online payment via RTGS/NEFT by generation of BID SECURITY CHALLAN on portal of https://huda.haryanaeprocurement.gov.in after adjusting/deducting the 2% amount already paid (i.e. 10% of his quoted bid 2% already paid). In case the successful/highest bidder fails to deposit the said amount as specified above, his bid shall stand rejected and the EMD deposited by him for participation in the e-auction shall stand forfeited in favour of HUDA. 16. In addition to the above said payment of 10% of the quoted bid amount, the successful/highest bidder shall be required to upload the below mentioned documents on portal: a. Self-certified copy of PAN card and passport sized photo of applicant/authorized signatory. b. In the case of bid on behalf of a firm or company or an association etc., the bidder shall furnish the certified copies of Board Resolution/Authorization in favor of the person making the bid along with the certified copy of Memorandum of Association/Articles of Association of Company, partnership Deed, HUF etc as the case may be and that the bidder has the authority to bid and enter into an agreement on its behalf. c. The above said documents would be required to be uploaded within a period of 7 days of close of e-auction and the Regular Letter of Allotment in favor of the bidders would be issued only after uploading. 5

17. After acceptance of the bid, the successful bidder will further be required to deposit another 15% of the bid amount within a period of 45 days of the date of auction. In case of failure to deposit the said amount within the above specified period, the allotment shall be cancelled and the 10% amount deposited towards bid money shall stand forfeited to the Authority against which successful bidder shall have no claim for damages 18. Thereafter, remaining 75% amount of the above plot/building of the bid amount shall be paid in lump-sum within a period of 120 days (for residential plot) or 180 days (for other categories) from the date of auction, failing which this allotment shall stand cancelled without any notice and money deposited by you (equal to 25 % of bid amount), shall stand forfeited to the Authority and you shall have no claim for the damages. 19. All the payments shall be made either through online mode on HUDA website or off line mode through authorized Banks by generating challan from PPM system on the HUDA website. E. POSSESSION 20. The possession of the site/plot shall be offered only after full bid amount has been paid to HUDA by successful bidder. In case possession of the plot is not offered within a period of 30 days after deposit of full bid amount, HUDA will pay interest @ 5.5 % per annum (or as may be fixed by Authority from time to time) on the amount deposited by successful bidder till the date of offer of possession. However such interest shall be payable for the period calculated after expiry of 30 days as aforesaid and till the date of offer of possession. 21. However, if due to stay by the Court or litigation or any other circumstances beyond its control, HUDA is not able to offer possession of the plot/site within three months after deposit of full (100%) highest bid amount, the full amount deposited by successful bidder shall be refunded back. The successful bidder will not have any claim, on this site/sites or any other alternate site/sites. F. CONSTRUCTION 22. The conditions for erection of building on the auctioned site shall be governed by the zoning plan of the sites and in case of commercial site also by Standard Design, in accordance with the Haryana Building Code, 2016 as framed and amended from time to time. The building shall be erected after getting the plans approved from the respective Estate Officer, HUDA. The successful bidder shall not make any alterations/ additions to the structure erected on the site without prior/explicit written permission of the Estate Officer. 23. In case of commercial sites, the coverage (passage/verandah) in front of on the site of shop cum-flats/shop cum-office etc. shall not be allowed for any other purpose other than the public passage. 6

24. The auction of the sites is being made on the updated FAR permissible under the Haryana Building Code, 2016. 25. The successful bidder will have to complete the construction within two years of the date of offer of possession after getting the plans of the proposed building approved from the competent authority in accordance with the regulations governing the erection of buildings. The time limit is extendable by the Estate Officer, subject to payment of extension fee as fixed by HUDA from time to time, otherwise this plot is liable to be resumed and the whole or part of the money paid, if any, in respect of it is liable to be forfeited in accordance with the provision of the HUDA Act, 1977. The successful bidder shall not erect any building or make any alteration/ addition without prior permission of the Estate Officer. E. RESUMPTION 26. In the event of breach of any condition, the concerned Estate Officer, HUDA may resume the site in accordance with the provisions of Section 17 of the HUDA Act, 1977 and the money deposited shall be refunded back after forfeiting 10% of the total consideration money, interest and other dues payable upto the date of resumption. No interest shall be paid on such amount to be refunded. 27. Upon resumption, the successful bidder will be free to remove the structure/ debris/ fixtures, if any, within a period of three months of resumption order at his own cost, failing which it shall be removed by the HUDA at the successful bidder's cost H. SURRENDER OF SITE 28. Wherever the successful bidder surrender the site at any time within a period of 120 days (for residential plot) or 180 days (for other categories) from the date of auction, the concerned Estate Officer, HUDA will refund the amount after deducting 10% of the total consideration money including interest and penalty if any due upto the date of application for such surrender. However, no interest shall be payable on such amount to be refunded. 29. The request for surrender has to be submitted online on the PPM system on HUDA website by using the login id and password allotted by HUDA. Surrender by any other mode shall not be acceptable. I. OTHER TERMS & CONDITIONS: 30. The sale of site/building shall be subject to the general terms and conditions as contained in the allotment letter appended to Haryana Urban Development Authority (Disposal of Land & Building) Regulations, 1978 and the provisions of HUDA Act, 1977, the rules/ regulations/code/ instructions/guidelines as may be applicable there in and amended from time to time. 31. The site shall continue to belong to HUDA until the entire bid money together with interest and other amount due to HUDA on account of sale of site is paid and deed of conveyance in favour of successful bidder is executed. The successful bidder shall have no right to transfer the site or 7

create any right/title/interest thereon without prior written permission of the concerned Estate Officer, HUDA even after execution of Deed of Conveyance. Successful bidder may however mortgage or create any right/interest on the site only to secure the loan amount against the plot towards payment of price including dues etc. of the plot but prior written permission of the concerned Estate Officer, HUDA shall be required. 32. On payment of 100% of the bid amount and interest, if any, etc. the successful bidder shall get the deed of conveyance executed in his favour in the prescribed form and in such manner as may be directed by the concerned Estate Officer, HUDA. The deed of conveyance shall be executed within one year of making payment of full price of the plot/ building. However, in case of failure to so execute the conveyance deed in one year period specified herein, the conveyance deed shall be executable on the stamp duty on value of site calculated at the collector rates prevailing in the year of its execution or auction price whichever is higher. The charges for the registration and stamp duty will be paid by the successful bidder. 33. The successful bidder shall have to pay all general and local taxes, rates or cesses imposed or assessed on the said site by the competent authority. 34. The site shall not be used for any purpose other than that for which it has been allotted. No obnoxious activity shall be carried out on the site. However, as per HUDA Regulations, 1978 and policy issued there-under and amended from time to time, non nuisance professional consultancy services are permitted in case of residential plots only. 35. The site shall not be subdivided or fragmented under any circumstances. However, registration of independent floors is permitted as per policy in case of residential plots only. 36. The HUDA shall not be responsible for leveling of uneven sites and the sites are being auctioned on As is where is basis. 37. The successful/ highest bidder shall have to pay separately for any construction material, bricks, structures and compound wall etc. existing in successful bidder plot at the time of allotment of which compensation has been assessed and paid by the Authority, if successful/ highest bidder want to make use of the same. 38. The Authority reserves to itself all mines and mineral whatever in or under the said site with all such rights and powers as may be necessary or expedient for the purpose of searching for, working, obtaining, removing and enjoying the same at all such times in such manner as the Authority shall think fit, with power to carry out any surface or any underground working and to let down the surface of all or any part of the said site and to sink pits, erect buildings, construct lines and generally appropriate and use surface of the said site for the purpose of doing all such things as may be convenient or necessary for the full enjoyment of the exceptions and reservations herein contained. 8

Provided that the successful bidder shall be entitled to receive from the Authority such payment for the occupation by the Authority of the surface and for the damage done to the surface or building on the said land by such works or working or letting down as may be agreed upon between the successful bidder and the Authority or failing such agreement as shall be ascertained by reference to Arbitration. 39. The Authority may by its officers and servants at all reasonable times and in a reasonable manner after 24 hours in writing enter in or upon any part of the said land/building erected thereon for the purpose of ascertaining that the successful bidder has duly performed and observed the conditions to be observed under the rule/code/regulations applicable under the HUDA Act. 40. The Authority shall have full rights, power and authority at all times to do through its officers or servant all acts and things which may be necessary or expedient for the purpose of enforcing, compliance with all or any of the terms, conditions and reservations imposed and to recover from successful/ highest bidder as first charge upon the said land/building, the cost of doing all or any such act and things and all cost incurred in connection therewith or in and any way relating thereto. 41. All disputes and differences arising out of or in any way touching or concerning this allotment whatsoever shall be referred to the sole arbitration of the Chief Administrator or any other officer appointed by him. It will not be an objection to such appointment that the arbitrator so appointed is a Government servant or an officer of the authority that he had to deal with the matter to which this allotment relates in the course of his duties as such Govt. servant or officer, as the case may be, he has expressed his views on all or any of the matters in disputes or difference. The decision of such arbitrator shall be final and binding on the concerned parties. J. Conditions for Nursing Homes & Clinic sites 42. As per policy memo no. A-Pwn-2008/UB-II/26367 dated 23.07.2008 Nursing Home Sites shall be auctioned only to the specialist in the filed i.e. MD/MS/M.D.S etc. and Clinic sites shall be auctioned only to those persons who are having Bachelor Degree in Medicine, Dental Surgery, Unani or Ayurvedic Medicines etc. Further, the land will be used strictly for the specified purpose only, no other trade there-in will be allowed under any circumstance. 43. No Change of land use will be allowed. 44. The allottee shall abide by the terms and conditions as prescribed in the original allotment letter/policy of HUDA. 45. The allotment of land shall be governed by HUDA Act, 1977, rules and regulations framed there under. 9

K. Conditions for School sites 46. The bid shall be open only for those Educational Societies/ Trusts etc. which are registered with the competent authority for at-least 5 years and has 100 or more members. It should not be any family run Society/Trust 47. Such intending bidders shall possess a minimum experience of at least 5 years in running at least 2 schools of the same or higher level/nature for which they intend to bid. 48. Such intending bidder Educational Societies/Trusts etc. should have been formed with the main purpose of imparting education. 49. The Financial position of such intending bidders should be sound to pay the cost of the land. For this purpose, such intending bidders shall have to submit the duly authenticated balance sheets for the last 5 years duly certified by the Chartered Accountant. 50. Auction of sites shall be held on basis of the reserve price as may be decided by the competent authority and the Zonal Administrator (s) shall be competent to accept such bids. 51. The construction of school building shall have to be completed within 2 years of the offer of possession of the land. However, this period is extendable on payment of extension fee as per policy applicable to the commercial sites. 52. The land shall be utilized only for the purpose for which it is allotted e.g. if site is auctioned for Nursery school, then it can be used for Nursery school only and not for Higher school. Any such use shall be treated as misuse and Estate Officer will be competent to initiate action for resumption. 53. No change of land use of any nature shall be permissible. 54. Such intending bidders should reserve 10% seats in the school for students belonging to economically weaker sections of the Society and the same fees will be charged from such students as is charged by Govt. Schools or to such other categories as may be decided or provided by the government/education department, Haryana. Further, 10 % seats in the schools should also be reserved for those students in respect of whom the fee will be determined on the basis of means and merit of the individual case. 55. Intending bidders shall be bound by the provisions of the HUDA Act, 1977, rules/regulations/ guidelines as may be amended or issued from time to time. 56. That not more than 2 members (related by blood) of the same family should be members of the Governing Body. The management committee of the School shall have one representative of HUDA as its member 57. Such intending bidders will have to get the affiliation with the competent authority at their own level. 10

58. Intending bidders shall submit adequate documentary proofs in support of the above stated eligibility conditions, in response to the advertisement for auction issued by HUDA, so as to become eligible for participation in the auction. L. Conditions for College sites 59. The Educational Society/Institution/Trust should be a registered institution and should have minimum 5 years experience in running the institution in higher education. 60. The colleges run by corporate sector i.e. private companies etc. either directly or through the Trust. 61. Prominent national/regional level educational institutions. 62. The financial position of the party/trust etc. giving bid should be sound. 63. The institution will have to get the affiliation with the concerned University in the Haryana State. 64. They can run the college upto Graduate/Post Graduate level/professional college and they will have to get clearance/affiliation from the concerned authority, if any at their own level. 65. They shall provide fee concession to the deserving candidates belonging to Economically Weaker Section of the society who are given admission on the basis of open merit upto the extent of 5% seats available in the college in each class. 66. Intending bidders shall submit adequate documentary proofs in support of the above stated eligibility conditions, in response to the advertisement for auction issued by HUDA, so as to become eligible for participation in the auction. M. LAYOUT PLAN 67. LAYOUT PLAN/MAP CAN BE SEEN /PERUSED WITH CONCERNED ESTATE OFFICER, HUDA ON ANY WORKING DAY. 11

Annexure-I Guideline for Online Payments at e-procurement Portal of Govt. of Haryana Post registration, bidder shall proceed for bidding by using his Password. Bidder shall proceed to select the event he is interested in. On the respective Department s page in the e-procurement portal, the Bidder would have following options to make payment for tender document fee & EMD: A. Debit Card B. Net Banking C. RTGS/NEFT Operative Procedures for Bidder Payments:- A) Debit Card The procedure for paying through Debit Card will be as follows. (i) Bidder selects Debit Card option in e-procurement portal. (ii) The e-procurement portal displays the amount and the card charges to be paid by bidder. The portal also displays the total amount to be paid by the bidder. (iii) Bidder clicks on Continue button (iv) The e-procurement portal takes the bidder to Debit Card payment gateway screen. (v) Bidder enters card credentials and confirms payment (vi) The gateway verifies the credentials and confirms with successful or failure message, which is confirmed back to e-procurement portal. (vii) The page is automatically routed back to e-procurement portal (viii) The status of the payment is displayed as successful in e- Procurement portal. The e-procurement portal also generates a receipt for all successful transactions. The bidder can take a print out of the same, (ix) The e-procurement portal allows Bidder to process another payment attempt in case payments are not successful for previous attempt. 12

B) Net Banking The procedure for paying through Net Banking will be as follows. (i) Bidder selects Net Banking option in e-procurement portal. (ii) The e-procurement portal displays the amount to be paid by bidder. (iii) Bidder clicks on Continue button (iv) The e-procurement portal takes the bidder to Net Banking payment gateway screen displaying list of Banks (v) Bidder chooses his / her Bank (vi) The Net Banking gateway redirects Bidder to the Net Banking page of the selected Bank (vii) Bidder enters his account credentials and confirms payment (viii) The Bank verifies the credentials and confirms with successful or failure message to the Net Banking gateway which is confirmed back to e-procurement portal. (ix) The page is automatically routed back to e-procurement portal (x) The status of the payment is displayed as successful in e- Procurement portal. The e-procurement portal also generates a receipt for all successful transactions. The bidder can take a print out of the same. (xi) The e-procurement portal allows Bidder to process another payment attempt in case payments are not successful for previous attempt. C) RTGS/ NEFT The bidder shall have the option to make the EMD payment via RTGS/ NEFT. Using this module, bidder would be able to pay from their existing Bank account through RTGS/NEFT. This would offer a wide reach for more than 90,000 bank branches and would enable the bidder to make the payment from almost any bank branch across India. i. Bidder shall log into the client e-procurement portal using user id and password as per existing process and selects the RTGS/NEFT payment option. ii. Upon doing so, the e-procurement portal shall generate a pre-filled challan. The challan will have all the details that are required by the bidder to make RTGS-NEFT payment. 13

iii. Each challan shall therefore include the following details that will be prepopulated: Beneficiary account no: (unique alphanumeric code for e- tendering) Beneficiary IFSC Code: Amount: Beneficiary bank branch: Beneficiary name: iv. The Bidder shall be required to take a print of this challan and make the RTGS/NEFT on the basis of the details printed on the challan. v. The bidder would remit the funds at least T + 1 day (Transaction + One day) in advance to the last day and make the payment via RTGS / NEFT to the beneficiary account number as mentioned in the challan. vi. Post making the payment, the bidder would login to the e-tendering portal and go to the payment page. On clicking the RTGS / NEFT mode of payment, there would be a link for real time validation (Verification Button). On clicking the same, system would do auto validation (i.e. Verification Successful) of the payment made. Note 1. HUDA will not be liable and will not consider if any payment other than initial EMD/Security Amount is deposited by any bidder on or through https://haryanaeprocurement.gov.in portal, for adjustment against balance EMD for allotment of any site and bidder will be fully responsible for the same. 2. The successful/highest bidder shall be required to remit the remaining of the amount equivalent to 10 % of his quoted bid amount by next bank working day succeeding to final bid closing day by way of online payment via RTGS/NEFT by generation of BID SECURITY CHALLAN on portal of https://huda.haryanaeprocurement.gov.in after adjusting/deducting the 2% amount already paid (i.e. 10% of his quoted bid 2% already paid). In case the successful/highest bidder fails to deposit the said amount as specified above, his bid shall stand rejected and the EMD deposited by him for participation in the e-auction shall stand forfeited in favour of HUDA. 14