Central Government de-notifies an area of 5.03 hectares, thereby making resultant area as 5.09 hectares at Focal Point Industrial area, Phase VIII-Extension, District Mohali, in the State of Punjab

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.....O. 5841(E).-Whereas, M/s. Quarkcity India Private Limited, a private organization in the State of Punjab, had proposed under section 3 of the Special Economic Zones Act, 2005 (28 of 2005), (hereinafter referred to as the said Act) to set up a sector specific Special Economic Zone for Information Technology at Focal Point Industrial area, Phase VIII-Extension, District Mohali, in the State of Punj....

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.... Economic Zone has recommended the proposal for de-notification of an area of 5.03 hectares of the Special Economic Zone; AND, WHEREAS, the Central Government is satisfied that the requirements under sub-section (8) of section 3 of the said Act and other related requirements are fulfilled; NOW, THEREFORE, in exercise of the powers conferred by second proviso to sub-section (1) of section 4 of th....