AGL 40.01 Decreased By ▼ -0.02 (-0.05%)
AIRLINK 128.24 Increased By ▲ 0.54 (0.42%)
BOP 6.62 Increased By ▲ 0.01 (0.15%)
CNERGY 4.56 Decreased By ▼ -0.04 (-0.87%)
DCL 8.80 Increased By ▲ 0.01 (0.11%)
DFML 41.77 Increased By ▲ 0.19 (0.46%)
DGKC 86.35 Increased By ▲ 0.56 (0.65%)
FCCL 32.60 Increased By ▲ 0.11 (0.34%)
FFBL 64.38 Increased By ▲ 0.35 (0.55%)
FFL 11.14 Increased By ▲ 0.59 (5.59%)
HUBC 111.23 Increased By ▲ 0.46 (0.42%)
HUMNL 15.05 Decreased By ▼ -0.02 (-0.13%)
KEL 4.91 Increased By ▲ 0.03 (0.61%)
KOSM 7.42 Decreased By ▼ -0.03 (-0.4%)
MLCF 40.60 Increased By ▲ 0.08 (0.2%)
NBP 61.71 Increased By ▲ 0.66 (1.08%)
OGDC 194.75 Decreased By ▼ -0.12 (-0.06%)
PAEL 27.50 Decreased By ▼ -0.01 (-0.04%)
PIBTL 7.83 Increased By ▲ 0.02 (0.26%)
PPL 153.50 Increased By ▲ 0.97 (0.64%)
PRL 26.70 Increased By ▲ 0.12 (0.45%)
PTC 16.20 Decreased By ▼ -0.06 (-0.37%)
SEARL 83.60 Decreased By ▼ -0.54 (-0.64%)
TELE 8.05 Increased By ▲ 0.09 (1.13%)
TOMCL 37.10 Increased By ▲ 0.50 (1.37%)
TPLP 8.76 Increased By ▲ 0.10 (1.15%)
TREET 17.32 Decreased By ▼ -0.34 (-1.93%)
TRG 59.20 Increased By ▲ 0.58 (0.99%)
UNITY 26.86 No Change ▼ 0.00 (0%)
WTL 1.37 Decreased By ▼ -0.01 (-0.72%)
BR100 10,000 No Change 0 (0%)
BR30 31,002 No Change 0 (0%)
KSE100 94,744 Increased By 552.3 (0.59%)
KSE30 29,402 Increased By 200.8 (0.69%)

The managing committee of the Karachi Chamber of Commerce and Industry (KCCI) held a meeting here on Thursday to discuss the demand of the Director Trade Organisation (DTO) regarding the tenure of the president. The committee rejected the DTO demand in toto and said that the general body meeting of the chamber held on June 19, 2004 had decided one-year tenure of the president and the decision was communicated to the DTO. They said despite repeated reminders the chamber did not receive any reply from him.
The managing committee also decided that the chamber advocate would reply to the DTO. The committee said that the tenure of president is one year and it would remain the same.
Earlier, the DTO had directed the KCCI to convene a general body meeting of the chamber within 10 days to decide about the tenure of the president, ie, one year or two years. The directive was issued by the DTO through a letter on April 25 and was received in the chamber office on April 27.

Copyright Business Recorder, 2005

Comments

Comments are closed.