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

Section 4

Functions of Invest Meghalaya Authority as the Nodal Agency.

Amendment status not verified — confirm the current text below against the official source.

(1) The Nodal Agency will be responsible for creation of a UIP, so that the investors may submit the application forms online as required by them for obtaining various clearances; (2) The Nodal Agency shall provide secretarial support to the Governing Council, High Powered Committee, State Investment Committee and District Investment Committee, as the case may be; (3) The Nodal Agency shall arrange in principle approval from the respective committees on the basis of investment amount for project kick off; (4) Under the superintendence, direction and control of the respective committees, the nodal agency shall acknowledge all applications and shall forward the applications to the concerned competent authority; (5) The Nodal Agency will facilitate in pursuing the clearance of the applications with the competent authorities; (6) The Nodal Agency shall prepare a Combined Application Form as provided under section 13 for online submission by the investors for obtaining various clearances;(7) The Nodal Agency shall upload downloadable application forms, comprehensive check lists and other requirements, as the case may be, covering all activities in the UIP; (8) The Nodal Agency shall perform any other functions entrusted by the Government or Governing Council for carrying out the provisions of this Act.

Section 4 – The Meghalaya State Investment Promotion and Facilitation Act, 2024 (Act No. 6 of 2024) | DailyLaw.ai