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Rescinds the sector specific Special Economic Zone for pharmaceuticals at Plot No.C-21, MIDC, Shendre Five Star Industrial Area, District Aurangabad in the State of Maharashtra - S.O. 2979 (E) - Special Economic ZoneExtract MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) NOTIFICATION New Delhi, the 26 th October, 2015 S.O. 2979 (E).- Whereas, M/s. Ajanta Projects (India) Limited, a private organization in the State of Maharashtra, 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 pharmaceuticals at Plot No.C-21, MIDC, Shendre Five Star Industrial Area, District Aurangabad in the State of Maharashtra; 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 100.00 hectares vide Ministry of Commerce and Industry Notification Number S. O. 2503(E) dated 22nd October, 2008; And, Whereas, the name of the SEZ was changed from M/s. Ajanta Projects (India) Pvt. Ltd to M/s. Inspira Infra (Aurangabad) Ltd vide Ministry of Commerce and Industry letter dated 27th March, 2012; And, Whereas, M/s Inspira Infra (Aurangabad) Ltd. has proposed to de-notify the entire area of 100.00 hectares of the above Special Economic Zone; And, Whereas, the State Government of Maharashtra has given its No Objection to the proposal vide letter no. SEZ-1814/CR-41/ 2013/Ind-2 dated 12 th May, 2015. And, Whereas, the Development Commissioner, SEEPZ Special Economic Zone has recommended the proposal for de-notification of the entire area of 100.00 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.1/94/2007-SEZ] BHUPINDER S. BHALLA, Jt. Secy.
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