LA Department, Delegation Of Powers & Work Allocation
The LA Department's Delegation Of Powers & Work Allocation is an official index of SIPCOT land acquisition circulars and office orders, including Circular No. 38/2021 dated 08.04.2021 and Office Order No. 35/2021 dated 8.4.2021. It covers industrial park land identification, private negotiation, stressed assets, land costs, plot pricing and leasehold transfers. The index records that Circular No. 108/2021 dated 10.12.2021 reconstituted a committee and Circular No. 03/2022 dated 21.01.2022 partially modified an earlier committee arrangement.
What the document contains
The LA Department's Delegation Of Powers & Work Allocation is an index pointing to SIPCOT circulars and office orders concerning industrial land. The supplied pages list the subject and page number of each document, but do not reproduce the detailed procedures or financial terms.
Industrial park identification and inspection
The LA Department index lists:
- Circular No. 41/2023 dated 02.10.2023, concerning identification of large portions of land for new SIPCOT industrial parks by District Revenue Officers-I and II.
- Circular No. 41/2024 dated 19.09.2024, concerning data collection, inspection of identified industrial park land, deputation of officials and submission of reports.
These entries may be relevant to owners or buyers where land is being identified or inspected for a proposed SIPCOT industrial park.
Land acquisition methods and committees
The SIPCOT land acquisition scheme entries include:
- Circular No. 38/2021 dated 08.04.2021, prescribing a procedure for future SIPCOT acquisitions through private negotiation at a viable price and constituting a committee to determine that price for new projects.
- Circular No. 103/2021 dated 2.12.2021, constituting a committee to acquire stressed assets from Banks, Financial Institutions and the Official Liquidator.
- Circular No. 104/2021 dated 2.12.2021, constituting a committee to assess SIPCOT lands held by the Official Liquidator, Banks or other Financial Institutions.
- Circular No. 108/2021 dated 10.12.2021, reconstituting the stressed asset acquisition committee.
- Circular No. 03/2022 dated 21.01.2022, partially modifying the committee arrangement for determining viable prices in new projects.
- Circular No. 53/2022 dated 26.8.2022, issuing instructions on payment of land cost and establishment charges.
Allotted plots and leasehold interests
The LA Department index also lists three office orders:
- Office Order No. 35/2021 dated 8.4.2021, concerning a Risk Fund for LAOP financial commitments, firm price plot allotment and modification of clauses in allotment orders and lease deeds.
- Office Order No. 38/2021 dated 09.04.2021, concerning applications to transfer leasehold rights in allotted plots to a transferee unit for the remaining lease period.
- Office Order No. 63/2021 dated 22.10.2021, setting out procedures for SIPCOT acquisition of stressed land assets offered for sale by Nationalized Banks under the SARFAESI Act, 2002.
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 this document show that my land will be acquired by SIPCOT?
No. The supplied text is an index of circulars and office orders. It identifies subjects such as land identification, inspection and acquisition procedures, but does not identify individual properties.
Can SIPCOT acquire land through private negotiation?
Circular No. 38/2021 dated 08.04.2021 is listed as prescribing a procedure for future SIPCOT acquisitions through private negotiation at a viable price, with a committee to determine that price for new projects.
Can leasehold rights in an allotted SIPCOT plot be transferred?
Office Order No. 38/2021 dated 09.04.2021 concerns applications to transfer leasehold rights in an allotted plot to a transferee unit for the balance lease period. The supplied text does not provide the detailed conditions.
Does the index include acquisition of stressed assets?
Yes. It lists committee arrangements for acquiring or assessing stressed assets and Office Order No. 63/2021 dated 22.10.2021 on land offered for sale by Nationalized Banks under the SARFAESI Act, 2002.
