The National Company Law Tribunal (NCLT) in New Delhi on Thursday ordered liquidation of the two paper mills under Hindustan Paper Corporation Limited in Assam, which have been non-functional for the past few years. Cachar Paper Mill and Nagaon Paper Mill have been non-functional since October 2015 and March 2017 respectively and the workers have not received their salaries for more than two years. Speaking to The Telegraph over phone from New Delhi on Thursday, Manobendra Chakraborty, the chief convener of the HPC Paper Mills Revival Action Committee, a conglomerate of workers’ unions of the two paper mills, said a hearing was held in connection with the mills’ issue on Thursday afternoon and the court had ordered liquidation of the mills, he said. The Nagaon paper mill A file pictureThe NCLT, a quasi-judicial body under the Centre, adjudicates issues related to Indian companies. A senior official of Hindustan Paper Corporation Ltd confirmed the liquidation order to The Telegraph.

Source: The Telegraph May 02, 2019 18:33 UTC