Vidhi Codex

section 8

Powers of State Level Committee

The Madhya Pradesh Investment Facilitation Act, 2008
General200821 sections
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Statutory text
  1. (1) The State Level Committee shall be authorised to grant clearances to the proposals submitted before it with investment of financial limits notified by the State Government.
  2. (2) The decisions taken by the State Level Committee shall be binding on the concerned departments or authorities or agencies and such departments or authorities shall issue the required clearances as approved by the State Level Committee within the stipulated time limit : Provided that the investor has complied with the provisions of the relevant Acts and Rules of the State Government or the Central Government applicable at that time.
  3. (3) The State Level Committee may refer the proposals of investment exceeding its jurisdiction to the Apex Level Committee for consideration in appropriate cases.

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