HC TO HEAR SEZ PLEAS ON MARCH 17

HC TO HEAR SEZ PLEAS ON MARCH 17 21 Jan 2009, 0023 hrs IST, TNN PANAJI: The high court of Bombay at Goa will be hearing all petitions relating to special economic zones (SEZs) in the state on March 17. When SEZ-related matters came up for hearing on Tuesday, the division bench, comprising justice P B Majmudar and justice N A Britto, directed all the advocates appearing in the petitions to finish filing and exchanging their pleadings by March 12. The court will be hearing the petitions filed by six SEZ promoters - Meditabh Specialities Pvt Ltd, Peninsular Pharma Research Centre Pvt Ltd, Paradigm Logistic & Distribution Private Ltd, Planetview Mercantile Company Pvt Ltd, Inox Mercentile Company Pvt Ltd and Maxgrow Finlease Pvt Ltd. The promoters had approached the court after Goa Industrial Development Corporation (GIDC) served show cause notices to them for withdrawing the land allotted to them, following a change in the state government's SEZ policy. They have pleaded in their petitions that as they have invested heavily in the SEZ projects, they suffered huge losses due to the stop work orders issued by the state government. GIDC had acquired about 3.8 million sq m of land for setting up SEZs. The court will also hear the various public interest litigations filed by the villagers of Keri, Sancoale and Verna, challenging GIDC's decision to allot land in their respective villages on lease agreements to these SEZs. The villagers have complained that the land was allotted fraudulently and without public involvement in the land allotment process.

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