Industrial Areas Ultimatum Issued for Unpaid Dues
Summary
Industrial Area Management Limited has issued a 7-day ultimatum to hundreds of industries across Nepal to pay their long-standing rent and dues, warning of legal action if payments are not made.
Key Points
- Hundreds of industries across Nepal have failed to pay long-standing rent and dues to Industrial Area Management Limited.
- The management has issued a 7-day ultimatum for payment of outstanding amounts.
- Legal action will be taken if the dues are not settled within the stipulated time.
- Non-payment has hampered infrastructure construction, maintenance, and services in industrial areas.