Legal options open for WB govt: TMC on arbitral panel's ruling favouring Tata Motors in Singur case
Monday, 30 October 2023
TMC downplayed Tata Motors' win in arbitral proceedings against West Bengal Industrial Development Corporation (WBIDC) for the abandoned car project in Singur, stating that it is not final verdict. Tata Motors announced that it has won the arbitral proceedings and can recover Rs 765.78 crore plus interest from WBIDC. The controversy surrounding the abandoned car manufacturing plant in Singur dates back to 2008 when Tata Motors withdrew its Nano car production facility due to opposition from TMC.
TMC downplayed Tata Motors' win in arbitral proceedings against West Bengal Industrial Development Corporation (WBIDC) for the abandoned car project in Singur, stating that it is not final verdict. Tata Motors announced that it has won the arbitral proceedings and can recover Rs 765.78 crore plus interest from WBIDC. The controversy surrounding the abandoned car manufacturing plant in Singur dates back to 2008 when Tata Motors withdrew its Nano car production facility due to opposition from TMC.
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