Minutes of the 100th meeting of the Board of Approval for SEZ held on 25th September, 2020 to consider setting up of Special Economic Zones and other miscellaneous proposals
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Cancellation of Letter of Approval may be effected via General Clauses Act; SEZ Act should be amended to clarify powers. Minutes record that cancellation of a co-developer's Letter of Approval may be effected by invoking the General Clauses Act, while the SEZ Act and Rules should be amended to provide explicit enabling provisions. The Board granted multiple one year extensions and regularisations of formal approvals and LoAs, approved conditional changes in developer identity and shareholding subject to continuity, eligibility, regulatory compliance and tax disclosure obligations, and authorised numerous co-developer approvals and operational permissions with conditions and agreements.
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.
Cancellation of Letter of Approval may be effected via General Clauses Act; SEZ Act should be amended to clarify powers.
Minutes record that cancellation of a co-developer's Letter of Approval may be effected by invoking the General Clauses Act, while the SEZ Act and Rules should be amended to provide explicit enabling provisions. The Board granted multiple one year extensions and regularisations of formal approvals and LoAs, approved conditional changes in developer identity and shareholding subject to continuity, eligibility, regulatory compliance and tax disclosure obligations, and authorised numerous co-developer approvals and operational permissions with conditions and agreements.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.