Govt initiates liquidation of Una sugar cooperative

The government had decided to liquidate the defunct cooperative last year after a directive from the HC.

Written by Express News Service
Rajkot | November 9, 2013 05:31 AM IST

1 min read

The state government started the process of liquidating the defunct sugar cooperative of Una taluka in Gir Somnath district by inviting tenders for taking part in auction of its assets.

The chairman of sale committee and liquidator of The Una Taluka Khedut Sahkari Khand Udyog Mandali Limited or The Una Taluka Farmers Cooperative Sugar Factory Limited floated tenders for auctioning its assets worth Rs 6.55 crore. According to liquidator Krushnakant Patel,plant and machinery worth Rs 5 crore and 14 structures,including three godowns cumulatively worth Rs 1.55 crore would be auctioned.