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SC orders Assam govt to pay Rs 70 cr to clear dues of tea corp workers

Business Standard LogoBusiness Standard2d ago

SC orders Assam govt to pay Rs 70 cr to clear dues of tea corp workers - Business Standard

Quick Summary:

The Supreme Court on Friday asked the Assam government to pay Rs 70 crore in two equal installments of Rs 35 crore each to cash-strapped Assam Tea Corporation Ltd to clear long-pending dues of its workers.

It accepted the proposal of the state government to pay the amount in two tranches and said the first installment would be paid by June 30.

A bench comprising Justices Abhay S Oka and Ujjal Bhuyan said, "It took some time till the state government came around.


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Category: BusinessFinance

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-24 @ 20:32:50 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 481 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25404862

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 164 posts per day

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News Last Updated: 3 hours ago

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