CICU to prepare list of Willful Defaulters
Author(s): City Air NewsLudhiana, October 20, 2018: A meeting of Executive Committee of the Chamber held at Chamber of Industrial and Commercial Undertakings (CICU) Complex, Focal Point, Ludhiana. Beside other issue Executive Members discussed...
Ludhiana, October 20, 2018: A meeting of Executive Committee of the Chamber held at Chamber of Industrial and Commercial Undertakings (CICU) Complex, Focal Point, Ludhiana. Beside other issue Executive Members discussed about Willful Defaulters.
MSME is passing through a crucial time and already in bad shape. Some of large companies will fully hold payments of MSMEs and MSMEs has to run pillar to post to collect such payment. Recently one cycle Company has hold huge amount of funds from Cycle parts members.
CICU has decided to boycott these type of units and support MSMEs in all ways & means to recover the struck up payments. Moreover, CICU will prepare a list of Willful Defaulters, so that members can be aware of these defaulters and work continuously.
The meeting was attended by senior members of Industry Upkar Singh Ahuja, President, CICU, Pankaj Sharma, General Secretary, CICU, Phuman Singh, Finance Secretary, Anand kumar, Legal Secretary, Ashok Kumar Juneja, Rajnish Bansal, S. M Mehta, Sham lal Gupta, Harcharan Singh, Gurcharan Singh, A.K Kohli, C.A Bhagat Singh, Sr. Vice-President (F & A), Oswal Woollen Mills Ltd., S.S Ahuja, Manjeet Singh Lamba, Jagtar Singh, Charanjiv Singh, General Secretary, Knitwear & textile Club, Inderjit Singh, President, SMDA, S. M Mehta, G.S Khalon President Auto Parts, Ravinder Saini, Jaspal Singh Sall, Kulwant Singh Sall, Lokesh Garg, Naveen Verma, Gautam Malhotra, Ravi Kant Miglani, Gurmail Singh, Kuljit Singh, Inderpal Singh and Hitesh Dang (CICU Food Cluster members).