Trusts Can Now Seek Establishment Of SEZs As President Promulgates SEZ Amednment Ordinance
LIVELAW NEWS NETWORK
3 March 2019 11:04 AM IST
The Special Economic Zone (Amendment) Ordinance 2019 promulgated by the President yesterday permits trusts to seek establishment of SEZs.This is done by amending the definition of "person" under Section 2(v) of the SEZ Act 2005 to include 'trusts'. Apart from trusts, any entity that the central government may notify from time to time is also included in the definition of 'person' as per...
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