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HC defers decision on scrapping of notified SEZs
| October 14, 2008 |  (Be the first to rate this story!) Loading ... |
The Goa bench of the Bombay High Court postponed its verdict on the state government’s move to scrap three notified special economic zones (SEZs). The State government’s had decided to revoke sanctions given to three SEZs, K Raheja Corporation, Meditab Specialties and Peninsula Land would be decided only after a month. Observing that it did not have all necessary documents for taking a final decision, the HC granted time up to November 17 for all parties to respond. “We have filed affidavits, now the other party has to respond to our submission,” said Mihir Desai, advocate for SEZ Virodh Manch (SVM), which is spearheading campaign against SEZs. The company representatives refused to react.
SVM, an umbrella of anti-SEZ organisations, has filed a public interest litigation (PIL) against the Goa State Industrial Development Corporation for making allegedly fraudulent deals with real estate majors. This is being heard before the high court along with other cases challenging the state government’s move to scrap approved economic zones. According to Mr Desai, ‘affected parties’ like K Raheja are yet to respond to the government’s affidavit, thereby making it impossible for the high court to take a decision.
The issue of developing SEZs in Goa is being debated for more than a year now. Having axed by the state government, the three SEZs, along with other promoted by Paradigm Logistics and Distribution, Planetview Mercantile Company and Inox Mercantile, challenged the government’s move. Their contention is that an SEZ, once approved, cannot be rolled back; hence the government’s decision to scrap the projects was unlawful. So, even while the matter is still pending before the HC, efforts are on for an out-of-court settlement. The government is toying with an option that offers alternative land to developers for setting up industrial projects out of the purview of SEZs. Chief minister Digambar Kamat is likely to hold separate meetings with petitioners in the coming week.
News Published Under: Real Estate India, Special Economic Zones |
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