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Instructions No-2/2006

Instruction No. 2/2006

No. F. 5/1/2006-EPZ
Government of India
Ministry of Commerce and Industry
Department of Commerce
(EPZ Section)

Udyog Bhawan, New Delhi
Dated the 24
th March, 2006

To
The Development Commissioner,
MSEZ, VSEZ, NSEZ, CSEZ, SEEPZ-SEZ, KSEZ, FSEZ      

    Subject: Execution of Bound-cum-Legal Undertaking by SEZ Developers/Units under SEZ Rules, 2006 – Clarification - Reg.

Sir/Madam,

As you are aware, SEZ Developers/Units are required to furnish a Bond-cum-Legal Undertaking in Form – D and H respectively in terms of Rule 22 of the Special

Economic Zones Rules, 2006. Clarifications have been sought as to the manner in which the Bond-cum-Legal Undertaking should be executed by the Developer/Units.

2. It is hereby clarified that the Bond-cum-Legal Undertaking from the Units/Developers may be obtained on a non-judicial stamp paper of Rs. 100 bought in the State where the SEZ/Unit is located and notarized by a Notary Public registered in the concerned State. All existing Units/Developers may also be advised to execute Bond-cum-Legal Undertaking under the SEZ Rules, 2006 latest by 30.4.2006.

Yours faithfully,

(Rajgopal Sharma)
Deputy Secretary

Copy to:
1. The EPC for EOU and SEZ Units.
2. SEZ Website.

Copy to PPS to SS(GKP)/JS(RK).