GUWAHATI: The Supreme Court on Thursday instructed the Chairman and Managing Director of Assam Tea Corporation Limited (ATCL) to submit the details of all the properties belonging to ATCL, including both immovable and movable assets.
The apex court is considering the sale of ATCL’s assets to generate funds for settling the outstanding dues of approximately Rs 70 crore owed to the state-owned corporation’s employees.
The Court had earlier ordered Assam’s Chief Secretary, Ravi Kota, to appear in person on November 14 and provide an explanation for the state’s inability to clear the outstanding payments.
The order came amid an ongoing contempt petition dating back to 2012, which concerns unpaid wages and allowances for ATCL workers.
The bench comprising Justice Abhay S Oka and Justice AG Masih ordered the Chairman and Managing Director of ATCL to submit a comprehensive affidavit by December 7, mentioning all the corporation's assets, in order to facilitate any necessary asset liquidation.
The council highlighted that ATCL had sustained losses of Rs 120 crore in both the current and previous years.
The Supreme Court ordered last year that the state and central governments pay Rs 645 crore to 28,556 workers in 25 tea gardens, 15 of which ATCL manages.
ALSO READ: Guwahati: Big Boost To Tourism And Connectivity As Seaplane Successfully Lands At Pandu Ghat
ALSO WATCH: