Ministry of Finance TheDollarBusiness

An Area to set up a SEZ for IT & IT enabled services

Dated 10th August, 2017 | Copy of | Notification Sl.73 | 

Whereas, M/s. Shriram Properties and Infrastructure Private 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 Information Technology and Information Technology enabled services at Perungalathur Village, Chennai 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 and denotified the following areas at above Special Economic Zone as per the details given below:-

An Area to set up a SEZ for IT & IT enabled services

AND, WHEREAS, M/s. Shriram Properties and Infrastructure Private Limited has proposed for de-notification of 5.03.54 hectares and Central Government has granted approval on 08.06.2010.;

AND, WHEREAS, the State Government of Tamil Nadu has given its approval to the proposal vide letter No.15967/MIE.2/2016-5, dated 06.06.2017;

AND, WHEREAS, the Development Commissioner, MEPZ Special Economic Zone has recommended the proposal for de-notification of an area of 5.03.54 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 5.03.54 hectares, thereby making resultant area as 10.61.56 hectares, comprising the survey numbers and the area given below in the table, namely:-

An Area to set up a SEZ for IT & IT enabled services

 

Sd/-
(Sunil Kumar)
Addl. Secy.
S.O.2667(E)
F.No.F.2/92/2006-SEZ


Issued by:
Ministry of Commerce and Industry
(Department of Commerce)
New Delhi

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The Dollar Business Bureau - Sep 08, 2017 12:00 IST