Central Government de-notifies an area of 1.18 hectares thereby making the total area of the Special Economic Zone as 1.59 hectares at Sy. No. 31/1 Chikkankannelli Village, Varthur Hobli, Bangalore East Taluk, Bangalore, Karnataka - S.O. 1199 (E) - Special Economic Zone
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SEZ de-notification under SEZ Act reduces designated SEZ area following statutory approvals and compliance with procedural requirements. The Central Government, exercising the second proviso to sub-section (1) of section 4 of the Special Economic Zones Act, 2005 and rule 8 of the SEZ Rules, 2006, de-notifies 1.18 hectares from the SEZ at Sy. No. 31/1 Chikkankannelli Village, thereby fixing the resultant SEZ area at 1.59 hectares. The action follows a proposal by M/s. RGA Infrastructure, State Government approval, and recommendation by the Development Commissioner, Cochin SEZ, and records satisfaction that requirements of sub-section (8) of section 3 and related conditions are met.
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SEZ de-notification under SEZ Act reduces designated SEZ area following statutory approvals and compliance with procedural requirements.
The Central Government, exercising the second proviso to sub-section (1) of section 4 of the Special Economic Zones Act, 2005 and rule 8 of the SEZ Rules, 2006, de-notifies 1.18 hectares from the SEZ at Sy. No. 31/1 Chikkankannelli Village, thereby fixing the resultant SEZ area at 1.59 hectares. The action follows a proposal by M/s. RGA Infrastructure, State Government approval, and recommendation by the Development Commissioner, Cochin SEZ, and records satisfaction that requirements of sub-section (8) of section 3 and related conditions are met.
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