Currently, information about wilful defaulters
of bank loans are shared with Sebi and others, including credit information agencies like Credit Information Bureau Limited ( Cibil), on a quarterly basis.
Giving details of the bills of defaulter
government departments, it said that Electricity Department AJK has to pay Rs.
Excise and Taxation Motor Branch impounded 60 vehicles and motorcycles during general hold up operation launched against token tax defaulters
and without registration vehicles in the city under the supervision of ETO Nazia Javed.
Giving statistics about service tax defaulters
, he said only seven lakh out of 17 lakh registered service tax assessees are currently filing returns.
The minister made it clear that connections of defaulter
government departments would be disconnected if dues were not cleared.
These eunuchs will accompany the tax survey teams in all areas and sectors and request the tax defaulters
to clear their outstanding dues.
The recovery teams in Hangu have also recovered 3 lac rupees from 78 defaulter
consumers and expended circle of
Power supply was disconnected to 73 defaulter
consumers of 11 kv Achini feeder from three 200 KVA distribution transformers due to non payment of dues of Rs 8 Lacs.
According to details the IESCO defaulter
list has been presented in the National Assembly.
Global Banking News-October 19, 2015--Wilful defaulters
owe significant sums to Indian banks
Few major Federal and Provincial defaulter
departments include Electricity Department AJK, Fata Development Corporation, SEFRON, Frontier Constabulary, different Cantonment Boards, Pak PWD, Street Lights, TMAs of Khyber Pukhtoonkhwa, Education department and Health department are at the top with Million of arrears, hence all the defaulter
govt departments are warned to immediately deposit their out standing dues, other wise their power supply will be disconnected immediately, and strict action will also be taken.
Abu Dhabi: Dishonoured security cheques can no longer be used to arrest defaulters
and convict them, in keeping with a decree by the President His Highness Shaikh Khalifa Bin Zayed Al Nahyan, a senior official said yesterday.
The survey found that 80 percent of homeowners and 74 percent of renters who know a defaulter
say the economy is on the wrong track.
Consumers Who Know a Defaulter
are Pessimistic about Personal Finances, but Still Motivated to Own a Home
Where fine defaulters
repeatedly declined to pay their fines, the magistrates would issue a distress warrant, authorising bailiffs to seize the defaulter
's property to sell to pay the fine.