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What is MOU for 56 Acres Land Transfer about?

This Memorandum of Understanding (MOU) outlines the agreement between Hindustan Lever Limited (HLL), Hind Lever Chemicals Ltd. (HLCL), and Tata Chemicals Limited (TCL) regarding the use and eventual transfer of a 56-acre land leased by HLL from the Kolkata Port Trust. The MOU establishes a transitional arrangement allowing TCL to use the land for its operations until the lease expires on February 2, 2007, while ensuring that HLL retains its leasehold rights. It also details the responsibilities of TCL in se

Author

rahul rajpurohit

Language

EN