Board of Approval authority governs non-automatic EOU/SEZ approvals and industrial licence referrals, with conditional approvals possible. The combined Board of Approval for EOU/SEZ schemes, chaired by the Secretary, Department of Commerce, will consider proposals outside the automatic approval route and, where empowered under Section 14 of the Industries (Development and Regulation) Act, 1951, applications requiring industrial licences; minutes for such licences will be approved by the Department of Industrial Policy and Promotion and implemented by the Development Commissioner. All cases are submitted by the Development Commissioner to ensure a single interface. Foreign equity proposals outside the automatic route follow FIPB/SIA procedures with copies to the Development Commissioner. The Board may impose conditions, exercise discretion to grant or refuse approvals, and the Chairman may co-opt additional representatives.
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Provisions expressly mentioned in the judgment/order text.
Board of Approval authority governs non-automatic EOU/SEZ approvals and industrial licence referrals, with conditional approvals possible.
The combined Board of Approval for EOU/SEZ schemes, chaired by the Secretary, Department of Commerce, will consider proposals outside the automatic approval route and, where empowered under Section 14 of the Industries (Development and Regulation) Act, 1951, applications requiring industrial licences; minutes for such licences will be approved by the Department of Industrial Policy and Promotion and implemented by the Development Commissioner. All cases are submitted by the Development Commissioner to ensure a single interface. Foreign equity proposals outside the automatic route follow FIPB/SIA procedures with copies to the Development Commissioner. The Board may impose conditions, exercise discretion to grant or refuse approvals, and the Chairman may co-opt additional representatives.
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