Guidelines for revival/exit of sick EOU/SEZ Units

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..... ------- Please see paragraph 6.38 of the Chapter 6 of the Handbook of Procedures (Vol.-I) ----------------------------------------------------------------------------------------------------- To revive units which may have become sick and to provide an exit route to those units, who may want to move out of the EOU Scheme, the following guidelines are prescribed :- 1. Revi .....

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..... ase an entity is willing to takeover all the assets and liabilities of a sick unit , transfer of such assets and liabilities as per the dispensation indicated in Para 1 above shall be considered by the Board of Approvals. An application for such takeover may be submitted through the Development Commissioner concerned to the BOA for approval. ii) The sick unit could also transfer th .....

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