Issuance of certificate of in-principle approval and deemed approval

General202621 sections

Statutory text

(1) The District Nodal Agency shall, upon receipt of a declaration of intent, issue a certificate of in-principle approval or reject the declaration of intent within fifteen working days, in such manner, as may be prescribed.
(2) In case the certificate of in-principle approval is not granted within the stipulated period, the same shall be forwarded to the Deputy Chief Executive Officer of the Haryana Enterprises Promotion Centre in such manner, as may be prescribed.
(3) The Deputy Chief Executive Officer of the Haryana Enterprises Promotion Centre may approve or reject the declaration of intent within a period of ten days, failing which, the same shall be deemed to be approved and the certificate of in-principle approval shall be issued by the District Nodal Agency within three days from the date of deemed approval.

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