VIJAYAWADA: LG Polymers has sought the Andhra Pradesh high court’s permission to sell raw material, finished products and packaging material.
All the material in the plant premises were seized along with the plant after a gas leak claimed several lives at Visakhapatnam.
Arguing on behalf of the company, senior counsel Mukul Rohatgi told the high court that keeping the raw material idle for longer periods is dangerous and they have to be processed according to the timelines. He sought the high court’s permission to sell raw material and packaging material. Details of sales proceeds and to whom the product is sold will be filed before the high court in the form of an affidavit, he said.
Arguing on behalf of the state government, special government pleader C Sumon said that they did not have any objection if the company sold the products in the plant. However, the sales proceeds should be deposited in a fixed deposit account to pay compensation to the victims.
As dangerous materials were present in the LG Polymers plant, the sales proceedings should be done under the supervision of a competent authority, said Sumon adding that safety guidelines have to be framed before undertaking the sales proceedings.
The high court bench comprising Chief Justice Arup Kumar Goswami and Justice C Praveen Kumar asked who should be appointed as competent authority to oversee the sale proceedings. Sumon said that the government will file a detailed affidavit regarding the same and sought time. Allowing his request, the high court posted the matter for further hearing on next Tuesday.
