TMI BlogFor the purpose of Section 80IA(4)(iii) - Industrial Part of M/s. Finest Promoters Private Limited, New Delhi notifiedX X X X Extracts X X X X X X X X Extracts X X X X ..... he notifications of the Government of India in the Ministry of Commerce and Industry (Department of Industrial Policy and Promotion) vide number S.O. 193(E), dated the 30th March, 1999, for the period beginning on the 1st day of April, 1997 and ending on the 31st day of March, 2002 and vide number S.O. 354(E), dated the 1st day of April, 2002, for the period beginning on the 1st day of April, 1997 and ending on the 31st day of March, 2006; AND WHEREAS M/s. Finest Promoters Private Limited , having registered office at 52-B, Okhla Industrial Estate, Phase-III, New Delhi-110 020, is developing an Industrial Park at Khasra No. 1961/2 1962/1, Sector 54, Taluka - Gurgaon, District - Gurgaon, Haryana - 122001; AND WHEREAS the Central ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... NIC Code Description S. No. Section Division Group Class A 7 75 - - Communication services. B 8 89 892 - Data processing software development and computer consultancy services. C 8 89 893 - Business and management consultancy activities. D 8 89 894 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t on infrastructure development in an Industrial Park shall not be less than 50 per cent of the total project cost. In the case of an Industrial Park which provides built-up space for industrial use, the minimum expenditure on infrastructure development including cost of construction of industrial space, shall not be less than 60 per cent of the total project cost. 3. Infrastructure development shall include, roads (including approach roads), water supply and sewerage, common effluent treatment facility, telecom network, generation and distribution of power, air-conditioning and such other facilities as are for common use for industrial activity which are identifiable and are provided on commercial terms. 4. No single unit referred to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... or any repercussions of such invalidity, if ( i ) the application on the basis of which the approval is accorded by the Central Government contains wrong information/misinformation or some material information has not been provided in it. ( ii ) it is for the location of the Industrial Park for which approval has already been accorded in the name of another undertaking. 10. In case M/s. Finest Promoters Private Limited , New Delhi, transfers the operation and maintenance of the Industrial Park ( i.e ., transferor undertaking) to another undertaking ( i.e ., the transferee undertaking), the transferor and transferee shall jointly intimate to the Entrepreneurial Assistance Unit of the Secretariat for Industrial Assistance, Departmen ..... X X X X Extracts X X X X X X X X Extracts X X X X
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