Hello Aspirant,
In the 1st round , even if you do not report to your allotted seat ,there is an option of free exit ,where your fee will not be forfeited. And coming to second round if you have not been allotted any seat , then your security deposit will be refunded back to the account through which you paid after the counselling process ends. The authority will release a list of candidates who are eligible for refund ,and the amount will be refunded withing 15 days from then. Fee will be forfeited only if you were allotted a seat and did not join. Also if you do not wish to participate further, then you can skip it. Keep checking their official website for timely updates.
All the best
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