Dunlop India talking big to hold off liquidator
Even the most optimistic Tyrepress.com reader may raise an eyebrow at Dunlop India’s claim of being near to reopening its Sahaganj factory within the coming week. This is, after all, the plant inspected by West Bengal’s labour minister Purnendu Bose last July – a visit that prompted him to comment that “for more than ten months, the boiler of the factory remains non-functional. Workers are sitting idle. The bricks of the plant quarters are being stolen away, the machineries are being smuggled out.” Nevertheless, on 3 April the company told the Division Bench of the Calcutta High Court of its reopening plans in order to stave off the court-appointed provisional liquidator.
“The company officials Monday met key ministers and discussed on the ways of reopening the plant. We are exploring all avenues and within a week we hope to reopen our Sahaganj unit,” Dunlop India counsel Kalyan Banerjee told the Bench.
The provisional liquidator is scheduled to visit the factory today, accompanied by both Dunlop India representatives and those from Madura Coats, who is seeking to recover money from the company.
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