Matrix Horizons Private Limited ., In re
Date: September 14, 2018
Subject Matter
Amount payable in instalment on lease after getting the allotment letter does not come under the category of upfront payment.
Summary
The amount payable in instalment to the Ranchi Industrial Development Authority (RIADA) on lease in respect of the scheduled land/ shed for a period of 30 years from the date of allotment after getting the allotment letter does not come under the cat…
The applicant M/s Matrix Horizons Pvt. Ltd. (herein after referred to MHTL) having GSTN No- 20AALCM2145G1ZV is a company registered under C ompanies Act, 2013 . The Company engaged in manufacturing and exporting of Readymade Garments having its manufacturing plant at Gurgaon.- 1. To expand its operations, the Company has taken land from Ranchi Industrial Area Development Authority (RIADA) on lease…