The possibility of cancellation and refund depends on SRM KTR's specific admission fee refund policy.  Carefully review the official documents or website related to SRM KTR Phase 2 counselling, seat allotment, and fee payment.  Look for a section on "Fee Refund Policy" or "Cancellation of Allotted Seat."

There might be a specific timeframe (e.g., 15 days) after seat allotment where a full refund is possible if you decide to cancel the seat.

If you decide to cancel after the full refund deadline or your son gets a new seat in Phase 3, you might receive a partial refund, but a certain amount might be deducted as processing fees or penalties.

If you decide to cancel the Phase 2 seat, ensure you initiate the cancellation process within the timeframe stipulated in the refund policy to maximize the potential refund amount.

By carefully reviewing the refund policy and contacting SRM KTR admissions if needed, you will gain clarity on the cancellation process and applicable refund for your son's situation. This will help you make informed decisions regarding seat cancellation and potentially attending Phase 3 of the SRM KTR counselling process.

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I hope it helps!