The Small Industries Development Board (SIDB) Khyber Pakhtunkhwa has decided to take action against the defaulting industrialists for non-payment of arrears of over Rs.15 million in heads of utility bills and rental charges.
The decision has been taken in wake of the offering of cold shoulder to the repeated reminders for payment by the defaulting industrialists.
The board has also issued final notices to the factory owners asking them to make the payment as soon as possible otherwise the leases of their plots would be cancelled According to a spokesman, the defaulters are owing arrears in heads of utility bills and rental charges for which notices have been issued several times but the defaulters did not take them seriously. —APP
