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Minutes of Meeting of Approval Committee, NSEZ dated 11/08/2011Page 4 of75. Application of Mis DSM International for setting up a unit in Noida SEZ formanufacturing and trading of garment items.The Committee heard submissions of the proprietor of the Applicant firm anddeliberated on the proposal. The Committee approved the proposal only for manufacturinginitially and the proposal for trading would be examined subsequently after seeing theperformance of the unit.6. Mis. Divya Creations (Plot No. 97, NSEZ.)- Inclusion of additional items ofmanufacture in LOA and monitoring of performance.The representative of the Unit explained that due to price rise in the precious metalsespecially gold, there was demand in the international market for alternative jewellery whichwas less expensive. It was explained that base metal would be brass, copper or aluminumand precious metal would be mainly gold. The representative informed that they haveOrders with them. In view of the above, the Committee approved the proposal of the Unit.7. Mis. ANG Auto Ltd. SDF (1-11,12)- change of name & change of directors, andmonitoring of performance & renewal of LOA.The representative of the unit explained that they had changed the name to M/ s.ANG Industries Ltd. as they wanted to diversify from Auto segment to other industries.However, the explanationwas not found sufficient as the Unit changed name frequentlywhich created doubts about the real intention of such changes in the name of theCompany.Therefore, the Committee decided-that the matter, as well as the matter relatingto changes in Board of Directors, would be decided by the DC, NSEZ on the basis ofreport in this regard from Joint Commissioner (Income Tax), Noida. Further, Therepresentative had been directed to make submission to JC (IT) Noida on 18.08.2011. Asregards performance of the unit, the Committee expressed dissatisfaction over downwardslide in performanceof the Unit in every subsequent year during its last 5 year block.However, the Committee decided to renew the LOA for 5 years w.e.f. 04.10.2010.
Minutes of Meeting of Approval Committee, NSEZdated 11/08/2011Page 5 of78. Mis. Davanam Jewellers - granting of Personal Hearing in the SCN issued to theunit.As no representative of the unit appeared before the Committee, the Committeedecided to defer the matter for the next Meeting.9. Mis. RPS Clothing and Linen Pvt. Ltd. - Extension of LOA.No representativefrom the Unit appeared before the Committee. The Committeeconsidered the matter and decided to defer the matter and give final opportunity to the Unitin the next meeting.10. Mis. Rohit Agro Products Ltd. - Monitoring of performance.No representative of the Unit appeared before the Committee. The Committeedecided to issue Show Cause Notice to the Unit to explain why LOA as well as allotmentshould not be cancelled andlor penalty should not be imposed under FTDR Act for nonfulfillmentof terms and conditions of the LOA. The Committee further empowered the DC,NSEZ, to issue the show cause notice and take further necessary action, includingcancellation of LOA and the allotment, in the matter. DC would also take action forcancelling ofIEC.11. MI s. Pitambra Hardware and Metal Exports Pvt. Ltd. - Monitoring ofperformance .As per request of the unit, the matter was deferred to the next meeting.12.Mis. Sunehari Export Ltd.(Unit-1) - Monitoring of performance.The representative of the Company explained that as they were working from twounits in similar type of items, certain clearances relating to Trade Tax Department could notbe obtained. However, the delay of nearly two years' time for complying to exit formalitieswas found unacceptable by the Committee. The Committee concluded that since the LOAwas no longer valid and the same was not renewed, the LOA had already been lapsed andhence should be cancelled. Consequently, the Committee cancelled the allotment of PlotNo. 165, which had been lying unutilized since the year 2002. However, as adequate penalaction was being taken, no penalty under FTCDR) Act was contemplated. The Company
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