A K Bindal & Anr v/s. Union of India & Ors.
- Adyasha Kar
- May 22, 2020
Content :
In 1961, a new company, Fertiliser Corporation of India (hereinafter referred to as FCI) was formed by merging two fertiliser companies, namely, Hindustan Fertilisers limited and Sindri Fertilisers and Chemicals ltd. From 1961 to 1977, FCI had under its ambit seventeen fertiliser units, out of which seven were operational and the rest ten were under various stages of implementation. In 1978, the Government of India set up a committee with the objective of working out the modalities for reorganising the fertiliser industry and the committee recommended the bifurcation of FCI and National Fertiliser ltd (hereinafter referred to as the NFL). Pursuant to the recommendation, FCI and NFL were bifurcated into five new undertakings and the units were distributed among the new undertakings. One of the newly created undertakings was the Hindustan Fertilizer Corporation ltd (hereinafter referred to as HFC). HFC was allocated four units, namely, Haldia, Namrup, Durgapur and Barauni. FCI retained six units, namely, Sindri, Gorakhpur, Ramagundam, Talcher, Korba and Jodhpur. The other undertakings created as a result of the bifurcation were Rashtriya Chemicals and Fertilisers ltd, National Fertilisers ltd and Project and Development India Ltd.