LIQUIDATION AND DISPOSAL PROCEEDINGS OF HPF, OOTY

GOVERNMENT OF INDIA MINISTRY OF HEAVY INDUSTRIES RAJYA SABHA UNSTARRED QUESTION NO. 2335 ANSWERED ON 07.08.2026 LIQUIDATION AND DISPOSAL PROCEEDINGS OF HPF, OOTY 2335. SHRI KAMAL HAASAN: Will the Minister of Heavy Industries be pleased to state: (a) the present status of the liquidation and disposal proceedings of Hindustan Photo Films Manufacturing Company Limited (HPF), Ooty; (b) whether Government has formulated any plan for the utilisation or redevelopment of the Company's land, buildings and other infrastructure following the completion of the liquidation process, if so, the details thereof; and (c) whether Government has examined the feasibility of repurposing the HPF campus to support India's creative economy, including film preservation and restoration, media technology, animation, skill development or other allied activities, if so, the details thereof? ANSWER THE MINISTER OF STATE FOR HEAVY INDUSTRIES (SHRI BHUPATHIRAJU SRINIVASA VARMA) (a): Cabinet Committee on Economic Affairs (CCEA) in its decision dated 28.02.2014 decided inter alia for closure of Hindustan Photo Films Mfg. Co. Ltd (HPF). HPF is currently under liquidation vide Hon’ble NCLT, Chennai order dated 31.03.2023 and Official Liquidator (OL) was appointed. The company freehold assets are fully liquidated and distribution completed. The company building lying in the lease hold land is the asset which remains unresolved. The liquidation committee has alternatively requested for compensation from the State Government, if they want to take back the land. (b)&(c): At present, there is no proposal for formulation of any plan for the utilization or redevelopment of the Company’s land, buildings and other infrastructure following the completion of the liquidation process. *****