Official guidance, Tamil Nadu land law
Circular No. 23/2024, Allotment of Land in SIPCOT Industrial Parks
The State Industries Promotion Corporation of Tamil Nadu Limited issued Circular No. 23/2024 on 10 June 2024 to introduce Board approved modifications to lease deed clauses for future land allotments in SIPCOT Industrial Parks. The modifications must be included in revised allotment orders and lease deeds for Category A and B allotments and Category C allotments.
What the circular does
Circular No. 23/2024, issued by the State Industries Promotion Corporation of Tamil Nadu Limited on 10 June 2024, records the adoption of modifications to lease deed clauses used for SIPCOT land allotments. The SIPCOT Board approved the modifications at its meeting on 16 May 2024.
The revised clauses apply to lease deeds that will be executed or registered for land allotments made by the State Industries Promotion Corporation of Tamil Nadu Limited. The approved changes must also be included in allotment orders issued henceforth.
Who may be affected
Circular No. 23/2024 is relevant to businesses and other applicants receiving future land allotments in SIPCOT Industrial Parks. It may also matter to professionals reviewing allotment orders or lease deeds for those transactions.
The circular identifies revised formats for two groups:
- Category A and B allotments.
- Category C allotments.
The supplied circular does not explain the meaning of these categories or list the individual clause changes.
Key provisions
Circular No. 23/2024 provides that:
- Certain lease deed clauses for SIPCOT land allotments are to be modified.
- The modifications were approved by the SIPCOT Board on 16 May 2024.
- The modified clauses are to be used in lease deeds executed or registered for SIPCOT land allotments.
- Future allotment orders are to incorporate the approved changes.
- Separate revised allotment order and lease deed formats were prepared for Category A and B allotments and for Category C allotments.
- The revised formats were enclosed with the circular for adoption.
Practical point for land allottees
A person receiving a SIPCOT land allotment should expect the allotment order and lease deed to follow the revised format applicable to the relevant category. Circular No. 23/2024 does not reproduce the modified clauses on the supplied page, so the precise contractual changes can only be identified from the enclosed revised formats referred to in the circular.
This summary is generated from the source document to help you find what is relevant. The PDF above is authoritative. For advice on your own property, use LandLens One or speak to a qualified professional.
Common questions
Does Circular No. 23/2024 apply to future SIPCOT land allotments?
Yes. The circular says the modified lease deed clauses apply to land allotments made by the State Industries Promotion Corporation of Tamil Nadu Limited and must be included in allotment orders issued henceforth.
Which SIPCOT allotment categories have revised documents?
The circular identifies revised allotment order and lease deed formats for Category A and B allotments and for Category C allotments.
What lease deed clauses were changed?
The supplied circular does not list the individual changes. It states that the revised formats incorporating the Board approved changes were enclosed for adoption.
When were the lease deed modifications approved?
The SIPCOT Board approved the modifications at its meeting held on 16 May 2024. Circular No. 23/2024 was issued on 10 June 2024.
