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AACHVIS SOFTECH
- Setting aside revenue department's advice, government allows stake sale in SEZs
Three proposals for dilution and transfer of promoter’s equity deferred earlier, following objections by the revenue department, were clear...
- Department of legal affairs strikes down objections to sale of stake in SEZ developers projects
Developers of SEZ can breathe easy as the department of legal affairs has struck down objections to any sale of stake in their projects.
- Finance ministry bars SEZ developers from selling controlling stake in their ventures
In a move to prevent SEZs from turning into real estate projects, finance ministry has barred SEZ developers from selling controlling stake...