https://www.taxtmi.com/acts?id=781 Units declared sick may submit a revival package via the Development Commissioner for Board consideration; the Board may grant an extension to fulfill Positive Net Foreign Exchange obligations for a further period at prevailing norms. On extension, unutilized raw materials and capital goods may be carried forward at original value and the Bond-cum-Legal Undertaking revised. Transfers of assets and liabilities to a taking-over entity may be considered, and where a unit is taken over its liabilities pass to the new unit while space remains in possession if an extension is granted. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 06 Jun 2025 17:14:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=781 Units declared sick may submit a revival package via the Development Commissioner for Board consideration; the Board may grant an extension to fulfill Positive Net Foreign Exchange obligations for a further period at prevailing norms. On extension, unutilized raw materials and capital goods may be carried forward at original value and the Bond-cum-Legal Undertaking revised. Transfers of assets and liabilities to a taking-over entity may be considered, and where a unit is taken over its liabilities pass to the new unit while space remains in possession if an extension is granted. Act-Rules SEZ Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=781