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Goa government withdraws SEZ lease agreements

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Goa state government has released a press note stating that, the lands or property in the industrial estates under the Goa Industrial Development Corporation (GIDC) shall not grant or lease for setting up the Special Economic Zones (SEZ). As per to the available source with the www.propertykhazana.com , Goa Chief Minister Mr. Digamber Kamat passed the state government order in the assembly session in presence of the all party floor leaders, cabinet ministers and speaker. He further said that, if already any lease agreements are signed on behalf of the GIDC or the state government, the lease agreements will be cancelled with immediate effect, he added. GIDC had issued show-Cause notices to annul the lands allotted to 7 SEZ developers and later the developers approached the Goa High Court for the same.
As per the available source with the www.propertykhazana.com the Goa Industrial Development Corporation had issued notices for the following companies: 1. Meditab Specialities 2. Peninsula Pharma Research Centre Private Limited. 3. K Raheja Corp Pvt Ltd. 4. Paradigm Logistics and distribution Pvt ltd. 5. Inox Mercantile Co. Pvt Ltd. 6. Planetview Mercantile Co Pvt Ltd. 7. Maxgrow Finlease Pvt Ltd.
CM Digamber Kamat also revealed that 6 of total 7 companies have filed a petition against the Goa government for cancelling the lease deeds.
Source: NBTVLIVE

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