Provided that an eligible enterprise shall within the last six months preceding the expiry of the said moratorium period ensure that all pending approvals have been obtained.

Contravention, violation and penalty

1. (1) In case of submission of any false or fraudulent information or misrepresentation of facts in the declaration of intent or violation of any provisions of this Act or rules made thereunder, the District Nodal Agency may revoke the certificate of in-principle approval after giving an opportunity of being heard to the eligible enterprise.
2. (2) In case of violation of any of the provisions of applicable law with respect to the approval, the concerned competent authority may impose penalty upon the eligible enterprise as per the applicable law.
3. (3) Where an eligible enterprise fails to obtain the requisite approval from the concerned competent authority within the moratorium period, the concerned competent authority shall, upon the expiry of such moratorium period, initiate such action, including coercive measures, against such eligible enterprise in accordance with the provisions of the applicable law.