Amendment status not verified — confirm the current text below against the official source.
Acceptance of valid representation on provisional basis – A valid representation in respect of a particular infrastructure project may be accepted by the Board on a provisional basis, provided - (1) Any other valid representation with respect to the same or substantially similar infrastructure project intended to be situated at the same geographical location has not been earlier received by the Board. (2) The person making the representation has deposited the “representation processing fee” and “representation holding security” as per Articles 8 and 9 respectively. (3) Irrespective of the timeframe commited in clause (5) of Article 3, the person making the representation is agreeable to submit the unsolicited proposal to the Board within such timeframe, as shall be stipulated by the Board for the submission of the unsolicited proposal; provided however, in no case shall the timeframe beyond the period of eighteen months from the date of acceptance of the representation be stipulated or allowed by the Board.