Delhi High Court Puts Stay Order on Vacating of Assam Paper Mills Employees' Quarters

Saturday, 28 March 2020

daily news

Delhi High Court Puts Stay Order on Vacating of Assam Paper Mills Employees' Quarters

G Plus News | February 26, 2020 15:51 hrs

GUWAHATI: The stay order on the vacation of employees' quaters of the Nagoan and Cachar paper mills has been extended till 25th March by the Delhi High Court, in response to case of Cachar Paper Project Workers Union versus Union of India.

As per report, the liquidator has submitted in written that the process for revival of Assam paper  mills under Hindustan Paper Corporation Limited (HPC)  will commence within a few weeks as an "going concern".

the process is taken up as per orders of the National Company Law Appellate Tribunal (NCLAT), given on 19th May, 2019 and 18th february, 2020.

Ananda Bordoloi, General Secretary of the Paper Mill Employees Union said that as the process of revival of industries is under way and notification is to be announced for expression of interest under the Companies Act 2013, "in our view" employees have no reason to vacate the quarters. He further said that the Union of India and the Central Provident Fund Commissioner have not submitted their replies till date and have sought time to submit by the next date of hearing.

It has to be mentioned that the assests of both these paper mills were to be liquidated on piecemeal basis, amnd an order to vacate the employees' quaters were issued.

Bordoloi said, "The government  cannot deny their responsibilities and will discharge its duty to save the industries and employment of two lakh youths in industrially backward state of Assam."

Banner
Comments (0) Post Comment
Loading...