A serious issue regarding the Assam Company Limited rose due to non-payment of wages and ration to the labourers for the past three weeks.
On the intervention of the State Chief Minister Sarbananda Sonowal, State Industries and Commerce Minister, Chandra Mohan Patowary on Wednesday held a meeting at Dispur with the Assam Company Limited officials, Resolution Professional Team and bank officials from State Bank of India (SBI), Allahabad Bank and the Bank of Baroda.
The intervention led to release of funds to the Resolution Professional Team which would lead to immediate release of the necessary funds for labour payment and ration to mitigate the crisis. It has further been assured that sufficient fund has been made available for the next 4-5 months till which the National Company Law Tribunal (NCLT) will take appropriate decision for settling the ownership of the tea gardens.
This quick intervention of the Government of Assam has averted a major crisis of labour unrest and law and order situation in the Assam Company Limited tea gardens.
Additional Chief Secretary of Industries and Commerce Department, Ravi Capoor and other senior government officials were also present in Wednesday’s meeting.