Jharkhand: HEC workers face job uncertainty as NCLT process triggers union protest

Ranchi, Nov 13 (UNI) Uncertainty over the future of Heavy Engineering Corporation (HEC) and its workforce has intensified following the appointment of an interim resolution professional (IRP) under the National Company Law Tribunal (NCLT) process, with the corporation's assets and liabilities being assessed amid protests by workers' organisations. The IRP has initiated the process of compiling details of HEC's movable and immovable assets, including land, residential quarters, buildings, plants, machinery and bank accounts. Records of employee strength, outstanding payments and alleged encroachments on company land and residential premises will also be examined. At a meeting with trade union representatives on…