Ministry of Finance TheDollarBusiness

Commerce & Industry Notification | An area of 58.29 hectares denotified

Dated October 9th, 2015 | Copy of | Notification Sl40 dt. 09/10/15 |

Whereas, M/s. State Industries Promotion Corporation of Tamil Nadu Limited 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 granite processing industries sector in SIPCOT Industrial Growth Centre, Bargur, Uthangarai and Pochampalli Taluk, Krishnagiri District in the State of Tamil Nadu;

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 Zones Rules 2006, had notified an area of 153.83.0 hectares at the above Special Economic Zone vide Ministry of Commerce and Industry Notifications Numbers S.O.595 (E) dated 15th March, 2010;

And, whereas, M/s. State Industries Promotion Corporation of Tamil Nadu has now proposed for de-notification of 58.29.0 hectares at the above Special Economic Zone;

And, whereas, the State Government of Tamil Nadu has given its “No Objection” to the proposal vide letter No.5387/MIB.1/2015-1, dated 15th July, 2015;

And, whereas, the Development Commissioner, Madras Special Economic Zone has recommended the proposal for de-notification of an area of 58.29.0 hectares of 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 58.29.0 hectares, thereby making resultant area as 95.54.0 hectares, comprising the survey numbers and the area given below in the table, namely:-

State Industries Promotion Corporation of Tamil Nadu Limited

Sd/- (Dr. Guruprasad Mohapatra) Jt. Secy.

S.O.2835(E) F.No.F.1/44/2009-SEZ Issued by: Ministry of Commerce and Industry (Department of Commerce) New Delhi

The Dollar Business Bureau - Nov 06, 2015 12:00 IST