Ministry of Finance TheDollarBusiness

An Area of specified hectares de-notified

Dated 30th October, 2017 | Copy of | Commerce & Industry Notification Sl.94

WHEREAS, M/s. Maharashtra Industrial Development Corporation, 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 engineering sector at Kesurde Village, District Satara in the State of
Maharashtra;

AND, WHEREAS, the Central Government, in exercise of the powers conferred by sub-section (1) of
section 4 of the said Act read with rule 8 of the Special Economic Zone Rules 2006, had notified an area of
111.12 hectares vide Ministry of Commerce and Industry Notification Number S.O.2653(E) dated
12th November, 2008;

AND, WHEREAS, M/s. Maharashtra Industrial Development Corporation has now proposed to
de-notify the an area of 61.12 hectares from the above Special Economic Zone;

AND, WHEREAS, the State Government of Maharashtra has given its “No Objection” to the proposal
vide letter no. SEZ-2015/CR-55/2014/Ind-2 dated 24th August, 2016.

AND, WHEREAS, the Development Commissioner, SEEPZ Special Economic Zone has recommended the
proposal for de-notification of an area of 61.12 hectares from the Special Economic Zone;

NOW, 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 the Special Economic Zones Act, 2005 and in pursuance of rule 8 of the Special Economic Zones Rules,
2006, the Central Government hereby de-notifies an area of 61.12 hectares, thereby making resultant
area as 50.00 hectares, comprising the Gat numbers and the area given below in the table, namely:-

An Area of specified hectares de-notified

Sd/-
(Sunil Kumar)
Addl. Secy.

S.O.3534(E)
F.No.F.2/578/2006-SEZ
Issued by:
Ministry of Commerce and Industry
(Department of Commerce)
New Delhi

Related Topics:
The Dollar Business Bureau - Dec 05, 2017 12:00 IST