Natural justice in insolvency-professional discipline requires disclosed material; notices based on extraneous material and ignored defences are vitia...
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The GoI amended SEZ Rules, 2025, introducing significant modifications to semiconductor and electronic component zone regulations. Key amendments include: (1) mandating minimum 10-hectare contiguous land for semiconductor manufacturing zones, (2) enabling Board discretion to relax encumbrance-free area requirements for government-mortgaged lands, (3) providing flexible export/transfer options for finished goods including domestic tariff area supply, and (4) modifying net foreign exchange calculations for semiconductor manufacturing services. The amendments aim to streamline SEZ establishment procedures, facilitate semiconductor ecosystem development, and provide operational flexibility for zone developers and units.
The GoI amended SEZ Rules, 2025, introducing significant modifications to semiconductor and electronic component zone regulations. Key amendments include: (1) mandating minimum 10-hectare contiguous land for semiconductor manufacturing zones, (2) enabling Board discretion to relax encumbrance-free area requirements for government-mortgaged lands, (3) providing flexible export/transfer options for finished goods including domestic tariff area supply, and (4) modifying net foreign exchange calculations for semiconductor manufacturing services. The amendments aim to streamline SEZ establishment procedures, facilitate semiconductor ecosystem development, and provide operational flexibility for zone developers and units.
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