JUDGMENT :

DR. B.R. SARANGI, J.

1. Neelachal Ispat Nigam Limited, a joint venture company promoted by MMTC Limited (a Government of India Enterprise) and IPICOL (a Government of Odisha undertaking), registered under the Companies Act, 1956. It has set up 1.1 million ton integrated iron and steel plant at Kalinga Nagar, Duburi, Jajpur. In phase-I, it was envisaged to produce pig iron, LAM Coke along with Nut Coke, crow bar, ammonium sulphate, granulated slag. In second phase, it was envisaged to produce billets bar, wire rod of different grades and sizes. It has got its own captive power plant to meet the internal power requirement. It also exports substantial quantity of power from the said power plant. To manage the affairs, it had definite human resource policies which provides work environment that makes the employees committed and motivated for maximum productivity, system for maintaining transparency and fairness in dealing with employees, empowering employees for achieving target through commitment, responsibility and accountability etc. It has also encouraged team work,