Sunday, December 22, 2024
HomeSugar Industry NewsClear dues of sugarcane farmers, Allahabad HC directs Bajaj Hindusthan Sugar Ltd

Clear dues of sugarcane farmers, Allahabad HC directs Bajaj Hindusthan Sugar Ltd

The Allahabad High Court has directed Bajaj Hindusthan Sugar Limited to clear dues of sugarcane farmers of its five mill areas at Gola Gokaran Nath, Khambhar Khera, Palia Kalan, Barkhera and Maqsoodapur by March 31, 2022, along with a 15 per cent interest.

The Lucknow bench of the court cautioned the company that if the dues were not cleared by March 31, the sugarcane commissioner would proceed to issue a recovery certificate to the collectors and district magistrates concerned, whereupon the said officials would be under an obligation to recover the dues by exercising all means permissible in law, including coercive action against the company and its directors.

“The sugarcane commissioner would be under an obligation to seriously consider the continued default by the company in this regard as also to assess its financial capacity to pay cane dues etc. and shall give due weightage to this aspect before reserving or assigning cane area for the company for the next crushing season, along with other factors,” the court said.

Also read: Sugar mills to achieve 10% ethanol blending target this season: ISMA

A division bench of justices Rajan Roy and SK Gupta passed the order, disposing of dozens of writ petitions moved by cane growers, demanding a timely clearance of the cane price and a forthwith payment of the pending dues.

“Considering the totality of the facts and circumstances discussed hereinabove, especially the interest of the farmers, so that on the one hand, the sugar mills may continue to run and on the other hand, the farmers of the area may be able to sell their crop to it and reap benefits thereof, we are of the opinion that any direction for coercive measures against the company for the recovery of the dues in the present scenario at this stage will not serve the interest of the petitioners,” the bench observed.

The above news was originally posted on www.thehindubusinessline.com

Sugar Times Team
Sugar Times Teamhttps://www.sugartimes.co.in
The Sugar Times Editorial Team is a group of experienced journalists, analysts, and industry experts dedicated to providing in-depth coverage and insights on the global sugar industry. With years of experience in agriculture, trade, sustainability, and market trends, the team brings a wealth of knowledge and expertise to every article they produce.Focused on delivering accurate, timely, and relevant news, the Sugar Times Editorial Team aims to keep industry professionals, stakeholders, and enthusiasts informed on key developments in sugar production, trade policies, innovations, and sustainable practices. Their collective goal is to help readers navigate the complexities of the sugar sector and stay ahead of emerging trends shaping the future of the industry.You may submit your article on info@sugartimes.co.in if you have valuable contributions for the industry readers.
RELATED ARTICLES
- Advertisment -spot_img

Most Popular

WP2Social Auto Publish Powered By : XYZScripts.com