Lower-priced tea imports following the implementation of General Agreement on Tariffs and Trade pushed the estate into losses. The estate was taken over by a bank and the plantation was shut down after the owner failed to repay the loan on the estate.
Lower-priced tea imports under the General Agreement on Tariffs and Trade led to the estate's financial difficulties. The estate was subsequently taken over by a bank, and the plantation ceased operations following the owner’s inability to repay the loan on the estate.