Govt. defers decision on Navi Mumbai SEZ split proposed by Sr. Ambani

The government today deferred a decision on a request from Mukesh Ambani-promoted Navi Mumbai SEZ for splitting itself into five zones, seeking more details from the developer.

The issues was taken up by the Board of Approval (BoA) headed by Commerce Secretary Rahul Khullar at its meeting here.

“The issue will be looked into by a committee of officials,” Khullar said after the meeting.

He said the committee would seek details about the land and other issues.

Navi Mumbai SEZ Pvt Ltd, promoted by Ambani and his associate Anand Jain, has proposed to split its 1,233-hectare SEZ project into five separate tax-free zones.

In its proposal, it had requested splitting of its tax-free enclave into five zones — a light engineering SEZ, two IT/ITES SEZs, a free-trade warehousing zone and a multi-product SEZ.

Tag: SEZ

profile image

About eMinds Legal

eMinds Legal

eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.

Corporate Law Referencer

Recent Articles

Recent Legal updates

Recent Gst Updates