Fate of 2 Hindustan Paper Corporation mills liquidation of Assam

STAFF REPORTER

GUWAHATI: The hearing of the liquidation case of the two Hindustan Paper Corporation (HPC) mills of Assam – one at Jagoriad in Morigaon district and the other at Panchgram in Cachar district – did not come up for hearing by the NCLT (National Company Law Tribunal), New Delhi on Monday.

Talking to this reporter, the president of the Joint Action Committee of Recognized Unions (JACRU) of Nagaon and Cachar Paper Mills, Manabendra Chakraborty said, "The liquidation case of the two HPC mills didn't come up for hearing by the NCLT on Monday. The case may come up for hearing on September 21, 2020. Since the State government has sought one-month time from the liquidator for the revival of the two HPC mills, now the government can raise its proposal during the one week time it has got now. We hope the State government to submit its proposal within a week."

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