Gulmohar undertaking: PSIEC board could take name right now

Gulmohar undertaking: PSIEC board could take name right now

Tribune Information Service

Chandigarh, February 13

The Punjab State Industrial Export Company (PSIEC) has withheld the permission to promote, change the structure and constructing plan approval to over two dozen allottees within the controversial 25-acre Gulmohar Township undertaking in Mohali.

The Board of Administrators, at its assembly tomorrow, will probably be knowledgeable concerning the resolution of the company to withhold the permissions. Already, the Punjab Vigilance Bureau (VB) has registered a legal case in opposition to company officers in reference to the bifurcation of the township undertaking.

On October 20, 2022, the VB had requested for the report of the bifurcation case and likewise summoned the company officers. The Managing Director, PSIEC, on October 7, 2022, had withheld the permissions within the pending circumstances with respect to the fragmented 125 plots. The MD’s resolution got here after the Finance Division had requested for the report by means of the Division of Industries and Commerce.

Sources mentioned after the Vigilance Bureau registered a legal case in opposition to the officers, in addition to others in January this 12 months, the choice of the MD to withheld the permission was being dropped at the discover of the Board of Administrators.

The board could take a name on the long run plan of action or refer the matter to the state authorities because the candidates are dealing with delays to start out the industrial manufacturing on their plots.

The Enforcement Directorate had sought the small print of the economic plots allotted since 2012, particulars of the inquiries carried out by the company or another company together with any FIR registered within the matter.

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