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Meghalaya State Investment Promotion and Facilitation Act, 2024 (Act No. 6 of 2024)

Meghalaya
Act number
6 of 2024
Ministry
Meghalaya Law Department
Department
Law Department
Enacted
14 Mar 2024
In force from
14 Mar 2024

Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.

39 sections

  1. Section 1Short title, extent and commencement
  2. Section 2Definitions
  3. Section 3Constitution of Invest Meghalaya Authority. -
  4. Section 4Functions of Invest Meghalaya Authority as the Nodal Agency.
  5. Section 5Powers of Invest Meghalaya Authority
  6. Section 6Vacancies etc., of the Nodal Agency not to invalidate proceedings.
  7. Section 7Officers and other staff of Invest Meghalaya Authority. -
  8. Section 8Constitution, powers, and Functions of Governing Council.
  9. Section 9Constitution, powers, and functions of HighPowered Committee.
  10. Section 10Constitution, powers, and functions of State Investment Committee.
  11. Section 11Constitution, powers, and functions of District Investment Committee.
  12. Section 12Unified Investment Portal
  13. Section 13Combined Application Forms
  14. Section 14Procedure for online application for obtaining clearance in Unified Investment Portal.
  15. Section 15Invest Meghalaya Authority Fund.
  16. Section 16Annual grants, loans, and advances.
  17. Section 17Budget
  18. Section 18Accounts and audit
  19. Section 19Annual Report
  20. Section 20Filling of Application Forms
  21. Section 21Power to call additional information.
  22. Section 22Self-Certification
  23. Section 23Rationalization of Inspections
  24. Section 24Third Party Inspection
  25. Section 25Time Limits for processing of applications.
  26. Section 26Deemed Approvals
  27. Section 27Information of Deemed Approval.
  28. Section 28Fees
  29. Section 29Appeal of State or District level cases.
  30. Section 30Pecuniary Jurisdiction of the Governing Council, High-Powered Committee, State Investment Committee, and District Investment Committee.
  31. Section 31Exemptions.
  32. Section 32Penalty
  33. Section 33Offences by Companies, etc.
  34. Section 34Act to override other Laws.
  35. Section 35Powers to remove difficulties
  36. Section 36Powers to give directions.
  37. Section 37Savings
  38. Section 38Powers to make rules
  39. Section 39Protection of action taken in good faith.