Adani to file reply to show cause notice

The Adani Ports and Special Economic Zone Ltd (APSEZ) is likely to replying to the show cause notice issued by union ministry of commerce and industries, a company statement said on Sunday.

“The company has received a show cause notice recently for new SEZ of 1840 hectares and is in the process of replying the same," an Adani spokesperson said in a statement.

The ministry had issued a show cause notice to APSEZ last week as to why a formal approval granted to it for its new 1840-hectare SEZ should not be withdrawn immediately. The department of commerce, in its notice had alleged that several material facts were not brought to the notice of the department by the company in its proposal for setting up a multi product SEZ at Mundra in Kutch, Gujarat.

 

The ministry’s notice said, “From the observations, it is prima facie apparent that APSEZ has deliberately concealed and falsified material facts, which have a direct bearing on the grant of approval and subsequent notification, as also misled the department by furnishing incorrect particulars of land and other related facts leading to wrongful approval and notification of the land measuring 1840 hectares as an SEZ.” The proposed SEZ was in addition to APSEZ's existing SEZ at Mundra.