Minutes of the 99th meeting of the Board of Approval for SEZ held on 31st July, 2020 to consider setting up of Special Economic Zones and other miscellaneous proposals
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SEZ approvals and extensions affirmed, with name/share changes and area authorisations subject to compliance and disclosure obligations. The Board granted extensions of formal approvals and Letters of Approval, approved developer and co-developer name and shareholding changes subject to conditions ensuring continuity, eligibility, tax and regulatory compliance and furnishing of financial and PAN details to revenue authorities; approved co-developer recognitions, authorized operations and area increases conditioned on execution of agreements; permitted procurement of restricted items only for in-SEZ use; held one appeal inadmissible as time-barred; granted in-principle approval for a new IT/ITES SEZ and deferred a jetty-use request.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
SEZ approvals and extensions affirmed, with name/share changes and area authorisations subject to compliance and disclosure obligations.
The Board granted extensions of formal approvals and Letters of Approval, approved developer and co-developer name and shareholding changes subject to conditions ensuring continuity, eligibility, tax and regulatory compliance and furnishing of financial and PAN details to revenue authorities; approved co-developer recognitions, authorized operations and area increases conditioned on execution of agreements; permitted procurement of restricted items only for in-SEZ use; held one appeal inadmissible as time-barred; granted in-principle approval for a new IT/ITES SEZ and deferred a jetty-use request.
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