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Bombay High Court suspends verdict on notified SEZ Ventures

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Bombay High Court overdue its judgment on the state Govt.’s shift to crumb three warned SEZs. Govt. had decided to cancel the approvals given to three SEZs – K Raheja Corporation, Meditab Specialties and Peninsula Land will be decided later. Because necessary papers were missing for taking last decision so, HC gave time to all parties to react. Advocate for SEZ Virodh Manch (SVM) said to www.propertykhazana.com that, “We have filed affidavits, now the other party has to react to our submission.” It is heading movement against SEZs, but the company envoy’s declined to respond. SVM is an anti-SEZ organization which has filed PIL against the GSIDC for making fake contracts with realty chiefs. This was heard in HC along with other cases defying the State Govt.’s shift to crumb permitted SEZs.
Mr. Desai said to www.propertykhazana.com that, “Impacted parties like K Raheja still have to react for the Govt.’s affidavit, thus making it not viable for the HC to give judgement.” Issue of setting up SEZs in Goa is being discussed for many years, having chopped by state Govt., three SEZ projects have challenged the state Govt. decision. Their argument is that once an SEZ is approved it cannot be taken back, so Govt.’s decision to crumb the ventures is illegal. Therefore, the matter is still pending in HC; efforts are on for an outdated settlement. Govt. is with a decision that it offers other land to developers for developing industrial ventures out of purview of SEZs.
Source: NBTVLIVE

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