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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>SEZ Board Approves LoA Extensions, Shareholding Changes; Reviews Co-Developer Proposals; Upholds Appeal; Approves GIFT IFSC SEZ Office.</h1> The 105th Board of Approval meeting for Special Economic Zones (SEZs) on July 29, 2021, addressed various proposals including extensions of validity for Letters of Approval (LoA) and changes in shareholding patterns for multiple SEZ developers and co-developers. The board approved extensions for several companies' LoAs and ratified procurement of restricted items like sand, ensuring compliance with SEZ regulations. Additionally, proposals for co-developer status were considered, with some approved and others deferred pending further information. A proposal for setting up an Indian Regional Office of a multilateral agency at GIFT IFSC SEZ was conditionally approved, and an appeal against a non-renewal decision was upheld.
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