Central Government rescinds the Notification No. S. O. 1966 (E) dated 20.11.2007 - S.O. 337 (E) - Special Economic Zone

MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) NOTIFICATION New Delhi, the 12th January, 2018 S.O. 337 (E).- WHEREAS, M/s. True Developers Pvt. Ltd. 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 Electronics Hardware including Information Technology and Information Technology Enabled Services at Arasur Village, Palladam Taluk, Coimbatore 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 Zone Rules 2006 , had notified an area of 11.50.4 hectares vide Ministry of Commerce and Industry Notification Number S. O. 1966 (E) dated 20.11.2007; AND, WHEREAS, M/s. True Developers Pvt. Ltd. has now proposed to de-notify entire area of 11.50.4 hectares of the above Special Economic Zone; AND, WHEREAS, the State Government of Tamil Nadu has given its No Objection to the proposal vide Letter No.5133/MIE-2/2017-3, dated 27.10.2017. AND, WHEREAS, the Development Commissioner, MEPZ Special Economic Zone has recommended the proposal for de-notification of entire area of 11.50.4 Hectares of the Special Economic Zone; NOW, THEREFORE, in exercise of the powers conferred by first proviso to rule 8 of the Special Economic Zones Rules 2006 , the Central Government hereby rescinds the above notification except as respects things done or omitted to be done before such rescission. [F. No. F.1/75/2007-SEZ] SUNIL KUMAR, Addl. Secy.