SEZ promoter reapplies for land allotment

PANJIM, FEB 26: Even as the dust over the SEZ land controversy is yet to settle down, one of the seven promoters of the special economic zones in the State has reapplied for land allotment from the Goa Industrial Development Corporation (GIDC).

PANJIM, FEB 26: Even as the dust over the SEZ land controversy is yet to settle down, one of the seven promoters of the special economic zones in the State has reapplied for land allotment from the Goa Industrial Development Corporation (GIDC).
In a landmark judgment, on November 27, the High Court of Bombay at Goa had set aside the land allotments to all SEZ promoters dubbing it as arbitrary, “in undue haste and without proper scrutiny of the applications”.
The Court had directed the Government to allot land afresh to the developers for any other purpose except SEZ.
While six companies appealed against the order in Supreme Court only one company Maxgrow Finlease Pvt Ltd reapplied for land allotment.
The company has applied for 2 lakh square metres of land to set up industries of IT and IT Enabled Services (ITES).
When contacted GIDC chairman Chandrakant Kavlekar confirmed the development.
“Yes, we have received the application but we have forwarded it to the government. Let them take a decision,” Kavlekar told Herald.
He stated the application came long time back and they were awaiting government decision in this regard.
Six of the seven promoters namely K Raheja & Corporation, Peninsula Pharma Research Centre, Planetview Mercantile Co, Inox Mercantile Company and Paradigm Logistics & Distribution approached the Supreme Court.
The Supreme Court had issued notices to the Centre, Goa Government and Goa Industrial Development Corporation (GIDC) asking them to maintain status quo, staying the November order of the Bombay High Court (Goa Bench) upholding the cancellation of land allotment to seven Special Economic Zone (SEZ firms).

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