Govt points SOP to make modifications, cancel industrial entrepreneur memorandum

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The federal government on Tuesday issued a normal working process (SOP) to make modifications or cancel Industrial Entrepreneur Memorandum (IEM). Industrial undertakings exempt from the necessities of licensing beneath The Industries (Improvement and Regulation) Act 1951 are required to file data associated to organising of industries, which is called IEM. Affirmation for receipt of such data by the Division for Promotion of Trade and Inside Commerce (DPIIT) is called ‘IEM Acknowledgement’.

In an workplace memorandum, the DPIIT mentioned that for cancellation of IEM acknowledgements, the agency involved has to provide a request letter on firm’s letter head signed by authorised officer giving particular causes for cancellation, together with the copy of authentic IEM.

The division mentioned that it was receiving a number of purposes from corporations requesting for amendments, cancellation and issuance of duplicate IEM.

“On this regard, the requests have been thought of and it’s determined that the… normal working process shall be adopted for these functions,” the DPIIT mentioned within the memorandum.

“Cancellation letter shall be issued after approval of involved AS (extra secretary)/JS (joint secretary),” it mentioned.

An identical sort of train should be adopted for making amendments and issuance of duplicate IEM.

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