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30 Jun 2010

Times of India

Kerala to set up tribunal to get compensation from Coke

The LDF government in Kerala…decided to set up a special tribunal to realise compensation from…Coca Cola for the "serious losses" caused to people, environment and agriculture by its plant at Plachimada in Palakkad district. The state cabinet took the decision based on the report of a government appointed high-power committee which quantified the losses inflicted by the plant…at Rs 216.26 crore…However, the company, which had run into legal tangles quite often over the issue, stuck to its position that the committee was set up with "a pre-determined and unproven conclusion" that operations of the plant had caused loss to the residents of Plachimada.