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Assam: As Two Debt-Ridden Paper Mills Go Under the Hammer, Workers' Worries Multiply


Assam: As Two Debt-Ridden Paper Mills Go Under the Hammer, Workers Worries Multiply
The 1,200 plus employees of the defunct Nagaon and Cachar paper mills are already beleaguered over non-payment of their monetary dues ever since the suspension of operations.
Expensive paper prints now lay in tatters. Photo: Gaurav Das
Rights8 hours ago
Guwahati: The debt-ridden and now-defunct Nagaon and Cachar paper mills of the government-owned Hindustan Paper Mill Corporation Limited (HPCL) may now soon find itself going under the hammer with the issuance of an e-auction notice the content of which was put in a national newspaper dated June 1.
The reserve price as per the auction notice was put at Rs 1,139 crore. ....

India General , Kuldeep Verma , Amit Shah , Manabendra Chakraborty , Himanta Biswa Sarma , Gaurav Das , National Company Law Tribunal , Hindustan Paper Mill Corporation Limited , Union Of India , Action Committee Of Recognised Unions , National Company Law Appellate Tribunal , Nagaon Paper Mill , Cachar Paper Mill , Nagaon Paper , Going Concern , Bankruptcy Code , Liquidation Regulations , Joint Action Committee , Recognised Unions , Cachar Paper , Corporate Insolvency Resolution , Companies Act , Consolidated Fund , Assam Paper Mill , Cacher Paper Mills , Defunct Assam Paper Mill ,

Congress party seeks revival of two closed papers mills in Assam

"With an efficient management in place, I have every reason to believe that these two mills can thrive and provide employment to the youth of Assam. The Cachar paper Mill in Pachgram is the only public sector industry in Barak valley and needless to say the Prime Minister himself has repeatedly assured that these industries will be revived in the greater interest of Assam," All India Mahila Congress president Sushmita Dev wrote. ....

Himanta Biswa Sarma , Numaligarh Refinery Limited , Hindustan Newsprint Limited At Kottayam , India Mahila Congress , All India Mahila Congress , Sushmita Dev , Industrials Disputes Act , Prime Minister , Home Minister , Cachar Paper , Assam Accord Refinery , Kerala State , Hindustan Newsprint Limited , Oil India Limited , Cachar Paper Mill , ஹீமந்த பிஸ்வா சர்மா , நுமழிககர் சுத்திகரிப்பு நிலையம் வரையறுக்கப்பட்டவை , இந்தியா மஹிலா காங்கிரஸ் , அனைத்தும் இந்தியா மஹிலா காங்கிரஸ் , சுஷ்மிதா தேவ் , ப்ரைம் அமைச்சர் , வீடு அமைச்சர் , சச்சார் காகிதம் , அசாம் இசைவு சுத்திகரிப்பு நிலையம் , கேரள நிலை , ஹிந்துஸ்தான் செய்தித்தாள் வரையறுக்கப்பட்டவை ,