MAPL becomes history as a PAL firm on HIVING OFF CO – News2IN
Nagpur

MAPL becomes history as a PAL firm on HIVING OFF CO

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Nagpur: The only drug manufacturing company managed by the Government Vidarbha – Antibiotic Maharashtra and Pharmaceuticals Limited (MAPL) – all arranged to be history as the parent company Hindustan Limited (p) antibiotics, indicates the central decision to move the company.
A few days ago, the opposition leader Devendra Fadnivis had urged the center not to nest MAPL when his closure would be a loss not only to the city, but for the nation.
He also quotes how Niti Aayog panels have recommended influential companies because they can help improve the availability of drugs in this country.
Sudhir Paliwal, a representative of the former nominated director at MAPL – Environmental Engineering Inc.
(EEI) and Leader of Plant Suresh Gotmare said it would be a big loss for Vidarbha.
Toi has been on June 13 reporting a decent heavy machine for crores missing from the MAPL factory located in Hingna MIDC.
Speaking with Toi, an official thing said, “The Indian government has decided to attach MAPL.
It does not have a role to play.
The Cabinet Committee in Economic Affairs on December 21, 2016 and December 28, 2016 decided to save a subsidiary of things.
Thus, a subsidiary Can be included for strategic sales, if it is feasible.
“The official added,” This factory is not operating.
Therefore, MAPL is a dead company.
Therefore, there are no questions about the procurement of drugs from the company.
“MAPL was inserted on In 1979 with 59% of shares, Sicom 33% and IDBI 8%.
Right from the start, MAPL has suffered losses due to working capital problems.
Furthermore, it was declared a sick unit with the board for industrial and financial reconstruction on September 4, 2000.
The decision was enforced by the Appellate Authority for Industrial and Financial Reconstruction on July 20, 2001.
“MAPL operations stopped since 2003-04.
Sicom transferred his shares to a private party, Instead of giving Hel a repurchase opportunity.
Hal has challenged the step before the High Court, “the official said.
Paliwal said, Revival MAPL will be beneficial for Vidarbha because it will ensure the availability of drugs, produce work and produce economic development.
“Things have also arranged Karnataka and Pharmaceutical Antibiotics Ltd.
(Kapp) together with MAPL.
Now, KAPL is a profit-making company and has become a separate public sector.” “MAPL is a classic case of injustice that Vidarbha is gown.
Even now, there is no investigation and Actions after expensive machines from plants have disappeared, “he said.
In 2015, Fadnivis CM together with Union Minister Lake Hansraj AHIR and the Nitin Gadkari Union Minister had visited the MAPL factory and announced their plan to revive.
Toi also reported that the Parliamentary Committee on the Public Business in his report was put forward before Lok Sabha and Rajya Sabha on January 29, 2021 stated that NBCC (India) Limited was appointed as a land management body and MSTC Ltd.
as a auction body for MAPL.
According to the report, this information is provided by the Committee.
At the TII request why it has appointed MSTC and also told the parliamentary committee about it when there was no machine at the factory, the official said, “It didn’t realize when the committee was told about the MSTC designated as a MAPL auction agency.
MSTC is informed about the machine from Some other subsidiaries.

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