Another sick tea garden in Jalpaiguri in Dooars called Bamandanga and Tondoo has reopened with the Ambootia Tea Group, one of the largest producers of Darjeeling tea, taking over the garden.
Earlier, this was one of the gardens in which case, the Tea Board had invoked Section 16 (E) of the Tea Act for taking over the garden and handing it over to a new owner. The garden was owned by Sajjan Agarwal. This garden has a licensed area of 310 hectares for tea cultivation and had outstanding financial liabilities of about Rs. 2 crore which included provident fund liabilities. It owed its banker, United Bank of India, over Rs. 16 crore.
From: The Hindu
Sick tea garden reopens in Dooars
Posted by darj at 10:01 AM Labels: ambootia, ambootia tea group, closed tea estate, closed tea gardens, darjeeling tea
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