NEWS

Wednesday, 8 May 2019

Assam Government Plans For Alternatives To Restore Operation Of Two HPC Paper Mills

Revival of two affected paper mills of Hindustan Paper Corporation Limited (HPC) has been assured with alternatives to help the company to overcome their long pending dues and legal issues by the Assam government when the National Company Law Tribunal (NCLT) has initiated proceedings on their bankruptcy.


According to Assam Chief Minister Sarbananda Sonowal the bankruptcy case that was imposed upon HPC’s two units the Cachar Paper Mill,Panchgram and Nagaon Paper Mill, Jagiroad was reopened this month and is planning to reviving them back with alternative options through legal proceedings.

NEIC: SUMI BORA

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