PUNJAB SMALL INDUSTRIES CORPORATION · 2019-12-12 · psic sie policy-2019 page 1 of 32 punjab...

PSIC SIE Policy-2019 of 32

PUNJAB SMALL INDUSTRIES CORPORATION

No. PSIC/EM/Policy-Matter/2994, Dated: 06.12.2019

`

PUNJAB SMALL INDUSTRIES ESTATE POLICY-2019

DIRECTORATE OF (ESTATEMANAGEMENT), PSIC1stFLOOR, PSIC HOUSE, 23-DAVIS ROAD, LAHORE.

Phone No.042-99203300


ContentsSectionNo.

Description PageNo.

1. Initiation of Proposal for Establishment Of SIES, EPZS, SEZ, ETC 5

2. Preparation of Pre-Feasibility / Study Report 5

3. Pre-Requisites For Establishment of SIE 5

4. Requisites after Completion of Above Actions 6

5. Criteria for Allotment of Plot 6

6. Other Important Steps To Be Taken By Regional DirectorConcerned/Directorate of Works &Development

6

7. Financial Arrangements / Procedure 7

8. Designing and Award Of Civil Works / Execution 7

9. Completion of the Estate 7

10. Possession of Plots 8

11. Maintenance Charges 8

12. Cancellation / Restoration of Plot 8

13. Other Reasons for Cancellation of Plot by Regional Director 9

14. Restoration of Cancelled Plots 10

15. Restoration of Plot Committee 10

16. Proceeds of Sale Of Plots 10

17. Terms & Conditions for Allotment of Plots 10

18. Refund Upon Cancellation of Plot 11

19. Auction of Plot 11

20. SIE Board Of Management (BOM) 11

21. Transfer of Projects 11

22. Transfer of Non-Constructed Plot 11

23. Small Industries Estate Life Cycle 13


24. Miscellaneous Provisions 13

25. This Policy Will Be Applicable to All PSIC Industrial Estates/EPZs andWill Render Existing Policy(S)Pertaining to SIEs/EPZs Inoperative.

14

• Provisional Allotment Letter (Annex-A)(Annex-A) 15

• Final Allotment Letter (Annex-B) 16

• Functions of BOM (Annex-C) 19

• Terms & Conditions of BOM (Annex-D) 21

• Fees and Charges in PSIC SIEs/EPZs (Annex-E) 22

• Description of Issues and Authorities (Annex-F) 24

• Procedure for booking of plots (Annex-G) 31

• Procedure for the Invitation and Receipt of Applications

for Allotment of Plot in PSIC SIEs

(Annex-H) 32

• Minutes of 107th Board Meeting held on 27.11.2019 (Annex-I) 33


INTRODUCTION

Punjab Small Industries Corporation (PSIC) came into being in 1972 after dissolution of OneUnit. It was established under PSIC Act-1973. As per PSIC Act, PSIC has multiple functions.One of primary functions is to establish / develop Small and Cottage Industries estates atprominent places in Punjab Province. The prospective entrepreneur is provided developed plotsfor establishment of their respective industries within boundary area where all necessaryinfrastructure facilities are made available. These industries not only provide job opportunitiesto thousands of skilled and un-skilled manpower thus helping in poverty alleviation but alsocontribute a substantial share in national GDP.

PSIC inherited five (5) Small Industries Estates which were established by West PakistanSmall Industries Corporation (WPSIC) at Lahore, Gujranwala, Gujrat, Sialkot and Bahawalpurduring the period from1960 to 1970. Similarly, prior to establishment of Small IndustriesEstates on Self-Finance basis, 13 SIEs were established by PSIC with Government Funds inprominent cities of Punjab upto 1988. However, with changing trends and also to attractinterested entrepreneurs invest their own money. PSIC has up till now established 11 SmallIndustries Estates and Export Processing Zones, with public funds on Self-Finance basis.

OBJECTIVES

Estate Management Rules were first approved by PSIC Board of Members in its 56th meetingheld on 08-10-2002 and then on 04-05-2004 in its 59th meeting. The New Revised PolicyInstructions / Procedures for Small Industrial Estates were again consolidated and alongwithrevised Fees and charges were approved by PSIC Board of Members in its 85thmeeting held on24.01.2013.The same were notify by Directorate of (ED&W) PSIC videNo.PSIC/ED/GENERAL-46/2931dated 28.09.2011 & No.PSIC/ED&W/GENERAL-46/9151dated07.05.2011 respectively.

It is felt that policy/instruction/procedure/fee/charges approved/notified levied/revised in theyear 2011 are now almost decade old and do not commensurate with the current risingproblems in PSIC SIEs and cost escalation which has resulted in the maintenance of the estate.These state of affairs were discussed with all Regional Director, PSIC who agreed thatprevailing policy/instruction/procedure and present fee/charges structure need revision.

The industrialists of estates are also demanding for revision of New Revised PolicyInstructions/ Procedures so as to cater / cop with their needs to establish a completecomprehensive modern project.

Objective to devise new PSIC Small Industrial EstatePolicy-2019is to make procedures moresimplified/ clarified for benefit of all stakeholders by covering maximum issues relating toSmall Industries Estates for minimizing bottlenecks in their establishment. Hence, existingPolicy Instructions and Procedures have been reviewed / revisited. Moreover, new proceduresfor addressing issues relating to industrialists of these estates have also been devised besidesdefining of “Competent Authorities” to accord approval.

The Procedures adopted in this regard are elaborated as under:-


1. INITIATION OF PROPOSAL FOR ESTABLISHMENT OF SIEs, EPZs,SEZ, ETC.

On receipt of request from any Association or Local Chamber of Commerce and Industry, oron receipt of any direction from Government or PSIC Board of Members or PSIC Managementfor establishment of Small Industries Estate in any particular area(s),matter will be placedbefore Managing Director, PSIC, to accord approval for further course of action.

After approval by Managing Director, PSIC, following procedure will be adopted:-

2. PREPARATION OF PRE-FEASIBILITY / STUDY REPORT

a) The requestfor establishing of SIEs, EPZs,SEZs etc will be referred to Punjab UrbanUnit for assessment of site and feasibility report. In addition to it, PSIC Management will carryout following activities:-

i. Identification of adequate number of prospective entrepreneurs with businessexperience andfinancial credentials.

ii. Identification of suitable land.iii. Identification of available essential facilitiesiv. Profile of the identified area.v. Identification of industries to be established.

vi. Carrying out spatial mapping of the prospective estate.vii. Any other step required for determining the suitability of the project.

b) Regional Director concerned, PSIC, will identify suitable state land or any private land.He will also get average price of land per acre / kanalin that vicinity in case of privateland,from concerned Land Revenue Authority and send his report with proposals/recommendations.c) The feasibility report alongwith recommendation of Director (EM) PSIC will be placedbefore PSIC Board of Members for consideration and approval to proceed further in the matter.

3. PRE-REQUISITS FOR ESTABLISHMENT OF SIE

i. Preparation of DraftPC-I of Scheme by Directorate of Estate Management andDirectorate of Works & Development, PSIC.

ii. Placement of Draft PC-I of Scheme along with a concept paper before PSIC Board ofMembers for getting its approval to proceed further in the matter.

iii. Submission of PC-I to Planning & Development Department, Government of Punjab,for clearance / approval of scheme, in case of Govt. Funded scheme only.

iv. After clearance / approval of Scheme, announcement in media regarding establishmentof Small Industries Estate.

v. Issuance of Notification under Section-4 of Land Acquisition Act, 1894, by concernedRevenue Authority for acquisition of identified land.

vi. Submission of cases for provision of electricity & Gas connections to concernedauthorities in parallel with acquisition of land.


4. REQUISITS AFTER COMPLETION OF ABOVE ACTIONS

i. Calling of applications for booking of plots in Small Industries Estate with 50% downpayment of cost of developed plot of any category. Remaining 50% cost to be collectedin installments within one year.

ii. Receipt of cost of plots in concerned Regional Office and itsonward depositiontoRevenue Authority, Electric Supply Company and transmission to Directorate ofWorks & Development, Head Office, Lahore, for completion of Civil Worksaccordingly.

iii. If response is found appropriate i.e. number of applications received is 80 %equivalent/over and above to created plots, then further steps for acquisition ofidentified land would be taken. However, if response is found poor, implementation ofscheme will be revisited.

iv. Issuance of Notification under Section-6 of the Land Acquisition Act, 1894, fordetermination of cost of land and payment procedure to the land owners.

5. CRITERIA FOR ALLOTMENT OF PLOT

(a) Eligibility criteria for applicants are laid down as under:Applicants must provide following documents with their applications:i. Project Business Plan.

ii. Financial statements.iii. Undertaking of no Bank default.iv. Undertaking to start construction within 3 months of possession.v. National Tax Number certificate.

vi. Sales Tax Certificate (if applicable).

(b) Submission of business plan must cover the following points:

i. Business profile (existing business, if applicable).ii. Company profile with name & experience of technical persons (new

business).iii. Construction Plan.iv. Expected volume of annual exports (if applicable), GDP contribution.v. Expected number of employees.

vi. Construction period / schedule of completion.

6. OTHER IMPORTANT STEPS TO BE TAKEN BY REGIONALDIRECTOR CONCERNED / DIRECTORATE OF WORKS &DEVELOPMENT.

i. After receipt of 50% down payment from all applicants, hiring of Consultants andaward of work to them for preparation of design / Master Plan of scheme.

ii. Take necessary steps for allotment of plots through First come First serve basis.

iii. Issuance of Provisional Allotment Letters to successful applicants (Specimen atAnnexure-A) containing installment payment schedule by Regional Directorconcerned.

iv. Finalization of Lay Out / Master Plan of SIE by Consultants.


v. On clearance of cost of full plot as well as development charges as well as onfinalization of lay out / Master plan of SIE by Consultants, balloting for allotmentof plot numbers will be undertaken and intimation letter will be issued.

However,final Allotment Letter will be issued on completion of estate. (Specimenat Annexure-B).

vi. Enhanced payments could also be received by PSIC from allottees in case ofincrease in estimated cost of land and other facilities or in result of Court Decisionat any stage.

vii. Maintenance cost for one year after completion of civil works will be included inPC-I and will be considered towards calculation of cost of a development plot.

7. FINANCIAL ARRANGEMENTS / PROCEDURE

i. All payments regarding sale of plots will be received by Regional Office concernedand will transfer to Directorate of F&A, PSIC, Head Office, Lahore.

ii. Required funds for acquisition of land and to carry out other development activitieswill be provided by Directorate of F&A, PSIC, to Directorate of W&D, RegionalOffice concerned and other Government Departments, “On Demand”.

8. DESIGNING AND AWARD OF CIVIL WORKS / EXECUTION

i. After taking possession of land, Directorate of W&D will hire Consultants forplanning, designing and cost estimation of civil works.

ii. Directorate of W&D would be responsible for pre-qualification of contractors,bidding and allied matters regarding execution of scheme.

iii. Processes of designing and award of civil works and its execution will be theresponsibility of Director of W&D.

iv. Development of SIE will be as per PC-I and any additional facility / work will beexecuted at cost of allottees.

v. Civil works may include; roads, water supply, sewerage, electricity, gas (subject toavailability), boundary wall, Admn. Office etc.

vi. Directorate of W&D will ensure completion of civil works and allied facilitieswithin two years after assumption of possession of land by Regional Directorconcerned. However exceptions are there due to any un-avoidable circumstances.

vii. Regional Director concerned will submit and pursue cases with relevantdepartments for provision of electricity, gas, water, telephone etc. in SIE.

9. COMPLETION OF THE ESTATE

The date of completion of estate would be that date on which all Civil Work (Road,Sewerage, Boundary Wall, Water Supply) would be completed and main electric lines areenergized. The Corporation would manage and maintain the estate in collaboration with BOMwhich will be formed through prescribed manners. It will exercise power/authority as entitledto it by PSIC Management from time to time.


10. POSSESSION OF PLOTS

i. On completion of civil works and provision of electricity (i.e. completion of estate)Regional Director concerned will issue Registered Notices/Final Allotment letter toallottees directing them to take over possession of their plotsimmediately.

ii. The allottee will get building plan approved from the Regional Director/Estate Officeconcerned on payment of prescribed fee.

iii. The allottee must construct their project buildings and install project machinery within02-years from the date of completion of estate.

iv. Regional Director will get construction schedule from allottee preferably on followinglines:

v. Regional Director will monitor & record the construction on the basis of scheduleof construction submitted by the allottee.

11. MAINTENANCE CHARGES

i. Recovery of maintenance charges will start from the date of completion of estate.

ii. Maintenance Charges @ Rs.1000/- per kanal per month and Water & Sewerage chargesas per WASA rates will be levied from date of completion of estate. These charges willbe recovered on quarterly basis.

iii. Rates will be reviewed after every two (02) years @ 10% per annum by PSIC.

12. CANCELLATION/RESTORATION OF PLOT

Sr.No. TimePeriod

Phases

1 • Lay out marking• Excavation• PCC• Foundation work• Apply for utilities connections

2 • Super structure work.3 • laying & installation i.e. Electrification, Plumbing system,

plaster work doors, windows, ventilators, paint work,Testing & commissioning of building infrastructure.

4 • Deployment of machinery.• Installation of machinery• Testing & commissioning

CANCELLATION OF PLOT RESTORATION OF PLOT

1) After issuance of provisional allotmentletter, if allottee fails to deposit twoconsecutive installments towardsdevelopment charges, plot will becancelled by Regional Director concernedand allottee will be refunded thedeposited amount after deduction of 20%

1) Plot would not be restored in this case.


13. OTHER REASONS FOR CANCELLATION OF PLOT BY REGIONALDIRECTOR(s)

a) Violation of terms & conditions of allotment.b) Violation / non-compliance of directions of PSIC and Government regarding

industrial safety, environment management and other such like instructions.c) Use of plot other than industrial purpose.d) Construction of unit without approval of building plan or in violation of approved

building plan.e) Violation/non-compliance of directions of PSIC and Government regarding

Industrial-Municipal waste management.

of purchase price. In this case, plot willbe treated as “Permanently Cancelled”.

2) If allottee fails to complete constructionof project building within two years fromthe date of completion of estate, plot willimmediately be cancelled by RegionalDirector concerned.

1) Plot cancelled due to total Non-Construction will not be restored. It willbe put to auction within 03-monthsfollowing auction Procedure laid down inPSIC auction Policy-2003.

The original amount deposited byallottee on account of cost of plot/landafter deducting all PSIC dues shall berefunded only after auction of thecancelled plot.

2) In case a plot is cancelled on account ofpartial construction, the affectee may fileappeal to Competent Authority.

Competent authority shall decide the casewithin 30-days after filling the case.Competent Authority may restore plotand grant extension in the period ofconstruction. However, Authority shallnot restore plot without imposing fine asprescribed and shall not grant extensionmore than 02-times for a total period of ayear. If the So restored plot is notconstructed completely, within given timeframe, its allotment would be cancelledand it will be put to auction in accordancewith the procedure laid-down in auctionpolicy-2003 and original amountdeposited by allottee will be refundedafter deducting all PSIC dues.

3) Restoration charges will be imposed@ 4%of prevailing evaluation table notified byDistrict Collector concerned.


14. RESTORATION OF CANCELLED PLOTS

a) The allottee whose plot is cancelled on grounds mentioned in section-13, may applyto Managing Director, PSIC, for restoration of plot within 30 days of cancellation.The Committee headed by Managing Director, PSIC, may restore plot on case-to-casebasis subject to payment of PSIC pending dues/liabilities @ 5% of prevailingevaluation table notified by District Collector concerned, as restoration fee byallottee.

b) If allottee does not apply for restoration of plot within stipulated period, plot will betreated as permanently cancelled.

15. RESTORATION OF PLOT COMMITTEE

a) Committee for consideration of restoration of plot cases will consist as under:-

i. Managing Director, PSIC (Convener)ii. Deputy Managing Director, PSIC Member

iii. Director (Estates Management) PSIC. Memberiv. Regional Director concerned. Member

b) Decisions of Committee will be recorded and minutes thereof, duly signed, will bemaintained by Directorate of EM.

c) The above Committee may also consider the cases for condonation of delay upto 3months from expiry of time for filing of appeal against the cancellation order andmay decide the case on merits of case.

d) Aggrieved party may file an appeal before PSIC Board of members against anydecision of Committee.

16. PROCEEDS OF SALE OF PLOTS

a) Regional Director concerned will collect the down payment and subsequent paymentof installments and will retain that amount in an account specifically opened for SIE.

b) This amount will be transferred to Directorate of F&A, PSIC, Head Office onmonthly basis.

c) Directorate of F&A, PSIC Head Office will transfer funds out of these proceeds toDirectorate of W&D and Regional Director concerned / other offices for carrying outactivities as per PC-I of the Scheme.

17. TERMS & CONSIDITIONS FOR ALLOTMENT OF PLOTS

a) The allottee shall pay dues in accordance with payment schedule.b) Transfer of Non-Constructed plots shall be dealt within accordance with section-22.c) The allottee shall complete the industrial unit within 2 years. The term of 2 years will

commence from the date of completion of estate.d) In case of non-construction of the unit within two years, it will be dealt in accordance

with section-12 (2).e) Allottee will be bound to pay maintenance charges from the date of completion of

estate.


18. REFUND UPON CANCELLATION OF PLOT

In case of permanent cancellation of plot, the amount deposited on account ofpurchase of plot will be returned after deducting maintenance charges, non-constructioncharges and other charges due uptodate of cancellation of plot by Regional Directorconcerned and penalty of 20% of purchase value. Deposited amount of default allotteewould be refunded out of funds received from new allottee against cost of plot afterauction.

19. AUCTION OF PLOT

Permanently cancelled plots will be sold out through open auction as per PSICAuction Policy-2003.

20. SIE BOARD OF MANAGEMENT (BOM)a) Composition of BOM

i. Industrialist of the estate concerned nominated Chairmanby Managing Director, PSIC.

ii. Regional Director concerned. Memberiii. Assistant Director/In-Charge of concerned estate Secretaryiv. Representative from the office of Deputy Commissioner Memberv. Representative from concerned Chamber of Commerce& Industry Member

vi. Two industrialists from concerned SIE.(Nominated by RD)Members

b) Functions and Responsibilities of BOM. Annex-Cc) Terms & Conditions of BOM. Annex-Dd) Maintenance of Accounts (Included in above Annexures) Annex-E

21. TRANSFER OF PROJECTS

a) Projects (Constructed but functional or Non-Functional) can be transferred any timeby owner.

b) All Regional Directors will maintain computerized data of all allottees in SIE.c) All cases for transfer / sale of plots/units will be scrutinized and processed by

concerned Assistant Director/In-Charge SIE.d) A Committee headed by Regional Director concerned will examine each case of sale

of plot or industrial unit and decide as per policy, duly approved by PSIC Board ofMembers.

e) Transfer fee and other fee will be charged at rate approved by PSIC Board.

22. TRANSFER OF NON-CONSTRUCTED PLOT

I. Allottees may sale duly allotted but not constructed plot after depositing all dueamount liable to be paid. This sale transaction will be allowed once and only beforethe expiry of construction period. This sale-purchase will be guided by following:-

a. Exit fee @ 10% of prevailing evaluation table notified by District Collectorconcerned will be charged from the seller to avail exit opportunity. In addition toit the seller will also clear all the dues liable to be paid at the time of transfer ofplot. Plots will not be transferred in any case unless he clears the dues.


b. Transfer fee @ 3% of prevailing evaluation table notified by District Collectorconcerned will also be charged from buyer.

II. New allottee/buyer will be bound to complete the project within 15-months from thedate of transfer of plot. In this regard an affidavit on legal paper valuing Rs.1200/-will be submitted by the new buyer/allottee at the time of transfer of plot, wherein, itwill be specified that new allottee will start construction within 03-months from thedate of transfer, complete construction within 15-months and will not sale furtherthe plot to any other person.

III. Regional Director will get construction schedule preferably on following lines:

Sr.No. Phases Time line1 • Lay out marking

• Excavation• PCC• Foundation work• Apply for utilities connections

2• Super structure work.3 laying & installation i.e. Electrification, Plumbing

system,plaster work doors, windows, ventilators, paint work,Testing & commissioning of building infrastructure.

4 • Deployment of machinery.• Installation of machinery• Testing & commissioning

IV. Regional Director will monitor & record the construction on the basis ofschedule of construction submitted by the allottee.

V. Regional Director, will ensure issuance of Transfer Letter within 05-days fromthe meeting of RPTAC. Regional Director will be personally responsible incase of delay of issuance letter

VI. SIEs/EPZs where Construction period has already been expired butconstruction has not yet been carried-out or completed will be given01-year w.e.f 01.01.2019 for completing construction. In case the building isnot constructed completely on the allotted plot by 31.12.2019, it will becancelled permanently. However, Non-construction charges for the defaultingperiod will remain outstanding and will be recovered as prescribed in thepolicy-2019.Constructionperiod for SIEs to be constructed in future will be02-years and will be calculated from the date of the completion of the estate.Construction period for SIE-Sundar i.e. 02-year, has already been started fromMay-2019.

VII. Regional Director, shall monitor the progress of construction and issue a letterof appreciation or warning/notice, as the case may be after every phase. Ifallottee fails to construct the project within given time frame. His allotmentwill be cancelled immediately by the Regional Director Concerned. In case


Regional Director fails to monitor the progress and issue appreciation orwarning letter/notice he will be held responsible.

VIII.Plot cancelled due to total Non-Construction will not be restored. It will be putto auction within 03-months following the auction procedure laid down inPSIC auction policy-2003. The original amount deposited by the allottee onaccount of cost of plot/land after deducting all PSIC dues shall be refundedonly after auction of cancelled plot.

IX. In case a plot is cancelled on account of partial construction, the affectee mayfile appeal to Competent Authority. The Competent Authority shall decide thecase within 30-days after filling the case. The competent authority may restoreplot and grant extension in period of construction. However, authority shall notrestore plot without imposing fine @ 4% of prevailing evaluation table notifiedby District Collector Concerned and shall not grant extension more than 02-times for a total period of a year. If the so restore plot is not constructedcompletely, its allotment would be cancelled and it will be put to auction inaccordance with procedure laid down in PSIC auction policy-2003 and originalamount deposited by allottee will be refunded.

23. SMALL INDUSTRIES ESTATE LIFE CYCLE

a) Bifurcation of Plot

Bifurcation of a plot may be allowed with deposit of 5% fee of prevailingevaluation table notified by District Collector concernedby allottee(s), asalready approved by PSIC Board in its 101st meeting held on 23.05.2018.

b) Amalgamation of PlotsAmalgamation of two or more plots may be allowed with deposit of 5% ofprevailing evaluation table notified by District Collector concerned by allallottee(s) concerned. Bifurcation & amalgamation will be allowed byManaging Director on recommendations of Regional Estate ManagementCommittee.

24. MISCELLANEOUS PROVISIONS

a) Plot once allotted through open balloting will never be exchanged.

b) If allottee intends to surrender his plot and get refund of deposited amount beforeissuance of final allotment letter, then he will be refunded the deposited amountafter deduction of 5% of deposited amount.

c) Allottee would also be eligible to sell booked plot before issuance of finalallotment letter subject to payment of exit fee and transfer fee by new purchaser.

d) In case, at time of possession of plot, if plot allotted is greater than allotted area /size, then allottee would have to pay cost of excess area of land @ prevailing DCnotified price per kanal plus 40% DC notified price in addition.

e) In case, at the time of possession of plot, if plot allotted is less than the allottedarea / size, then allottee would be refunded cost of less area of the plot depositedby the allottee.


f) In case, at the time of possession of plot, surplus/excess area between the plotshaving same owner appeared, then allottee would have to pay cost of surplus /excess area of land @ prevailing DC notified price kanal plus 40% of DC price inaddition.

g) In case, at time of possession of plot, surplus/excess area adjacent to plot(s)appeared, then interested allottees would have to pay cost of surplus/excess area ofland @ prevailing DC notified price per kanal plus 40% of the prevailing DCnotified price in addition.

h) In case, at the time of possession of plot, surplus/excess area adjacent to plot(s) is10-marla or greater than 10 marlas (regular plot), then plot will be sold out throughopen auction as per PSIC auction policy-2003.

i) Fee and charges in case of different issues pertaining to Estates Management areplaced at Annexure-E.

j) Revised policy instructions/procedures/competent authorities to settle differentissues pertaining to estates management are placed at Annexure-F.

k) Procedure for booking of plots in Regional Offices is placed at Annexure-G.

l) Procedure for invitation and receipt of applications for allotment of plot in PSICSIEs is at Annexure-H.

25. This policy will be applicable to all PSIC industrial estates/EPZs and will renderexisting policy(s) pertaining to SIEs/EPZs inoperative.


ANNEX-APUNJAB SMALL INDUSTRIES CORPORATION

REGIONAL OFFICE, ______________

No.PSIC/R.O/ Dated ____________

MR.____________________ THROUGH REGISTERED A.D______________________________________________

Subject:- PROVISIONAL ALLOTMENT LETTER OF PLOT AT SMALLINDUSTRIES ESTATE,_________ FOR THE ESTABLISHMENT OFINDUSTRIAL UNIT UNDER THE NAME & STYLE OFM/S._________________________________________

Dear Sir/Madam,

With reference to your application dated__________,Punjab Small IndustriesCorporation, is pleased to inform you that Plot of category _________ measuring___________ Kanals / Marlas at Small Industries Estate,___________ has been allotted toyou for the establishment of an industrial unit under the name and style ofM/s.____________________.

You are therefore, requested to deposit remaining amount of plot(s) as perfollowing schedule so that Final Allotment letter could be issued accordingly.

No. of Installment OutstandingAmount

Due date

First installment Rs.____________ After 03 months from issuance of this letterSecond installment Rs.____________ After 06 months from issuance of this letterThird installment Rs.____________ After 09 months from issuance of this letterFourth Installment Rs.____________ After 12 months from issuance of this letter

If you fail to deposit two (2) consecutive installments or the cost of the plot in thestipulated period, the plot will be cancelled permanently at your own risk & cost and notrestored in any case. Final Allotment letter containing other terms and conditions will beissued after receiving full cost of plot and completion of estate. Plot No. will be allottedthrough open draw and will be intimated accordingly.

In case of any further information please contact Assistant Director, PSIC SmallIndustries Estate_____ or undersigned for the purpose.

REGIONAL DIRECTOR

Copy to:-1) The Director (EM), PSIC, Head Office, Lahore.2) PS to Managing Director, PSIC.3) Assistant Director, SIE____________


ANNEX-B

Punjab Small Industries CorporationRegional Office, ___________

Ref. No. PSIC/RO/ Dated_______________

M/S._____________________________________________________________________(Allottee)

SUBJECT:- FINAL ALLOTMENT LETTER/ALLOTMENT OF PLOTMEASURING ___ MARLAS / KANAL FOR THEESTABLISHMENT OF AN INDUSTRIAL UNIT AT SIE,______________________________

1. In continuation to provisional allotment letter issued vide No.PSIC/RO/_______, dated __________.

2. AND WHEREAS you have paid an amount of Rs._______ includingdevelopment charges to Punjab Small Industries Corporation, Regional Office__________.

3. NOW THEREFORE, you are hereby allotted Plot No._______ category________ measuring _______ kanal in SIE_______ for setting up an Industrial Unitunder the name and style of M/s.____________, on following terms and conditions:-

i. That Plot shall be exclusively used for the purposes of setting up anIndustrial Unit already as mentioned in application form, the same shall beread as part & parcel of this allotment letter.

ii. That allottee on issuance of this allotment letter, shall immediately take overthe possession of plot and get building plan approved from Estate In-Charge.

iii. That allottee, within a period of two years commencing from the completionof estate i.e._____ shall erect upon the plot a self-sufficient unit of industry/manufacturing unit as per approved line of production, erect building inaccordance with PSIC Building Bye Laws.

iv. That allottee shall abide by all Rules, Regulations, Terms & Conditionscontained in Building Bye Laws / Policy of the Punjab Small IndustriesCorporation (PSIC) as amended from time to time.

v. That allottee shall ensure that manufacturing activities shall not endanger theestate, with atmosphere hazards or environmental pollution in any sort. Itwill be allottee’s legal obligations to take all possible measures to check andcontrol the pollution according to the Environmental Protection AgencyStandard. The allottee shall also dispose off the industrial waste in a manneracceptable to the management of PSIC and estate.


vi. That allottee shall construct a septic tank as per standard design (to beprovided by PSIC) before disposing off waste into Estate Sewerage/Drainagesystem.

vii. That allottee after completion of the unit within the prescribed period shallsubmit a completion report to PSIC and obtain a Completion Certificate.

viii. That allottee shall not change the approved line of production, corporate setup /constitution and name& style of the Approved Industrial Unit / Project withoutprior written approval of the Competent Authority who originally allotted thesaid Plot(s).

ix. That allottee shall neither sell nor change the corporate set up of the un-utilizedPlot without prior written approval of the Competent Authority. In case, theallottee intend(s) to dispose off this plot(s), it will only be sold to PSIC at therate, it was allotted. PSIC, in return will auction the same and return the initialcost of the plot.

x. That in case the allottee intend to obtain any financing to setup and / or to runthe PSIC Approved Industrial Unit/ Project from any of the Scheduled Banks /Financing Institutions and need to mortgage said Plot(s) as security against suchfinancing, the Punjab Small Industries Corporation undertakes to mortgage thePlot(s) as security on his behalf to such Bank I Financial Institution till the timethe Sale Deed is executed in terms of Clause-8 hereunder. Thereafter, liability ofPunjab Small Industries Corporation (PSIC) hence shall only be to the extent ofmortgage of the Plot(s) and the Bank /Financial Institution will not have anyright / authority to invoke any other Provisions of the financial agreement.

xi. In case the above mentioned terms and conditions are not fulfilled by allottee,the plot will be cancelled by the Punjab Small Industries Corporation. The Plot,after cancellation may be sold/allotted by Punjab Small Industries Corporationand the allottee shall be entitled to receive balance amount of consideration afteradjustment of all the expenses incurred, Charges or penalties and its salethereafter.

xii. That allottee will be bound to obtain the approval of the Factory Building Planaccording to PSIC Building Bye Laws 2002 in addition to any other permissionrequired from Local Authority or Government Agency having the lawfuljurisdiction over the matter.

xiii. That the allottee shall pay the maintenance charges /utility charges as per PSICPolicy from the date of completion of the estate.

xiv. That said Plot(s) or its any part shall not be used for residential and commercialpurposes.

xv. That 10% extra price would be charged from allottee for corner plots and thoseat front row.

xvi. That Plot(s) shall liable to be cancelled immediately if PSIC approved industrialunit is not established within two years from the date of completion of estate asmentioned in clause 3(iii) of this letter. Plot cancelled due to total Non-Construction will not be restored. It will be put to auction within 03-monthsfollowing auction Procedure laid down in PSIC auction Policy-2003.The original


amount deposited by allottee on account of cost of plot/ land after deducting allPSIC dues shall be refunded only after auction of the cancelled plot.

xvii. That in case a plot is cancelled on account of partial construction, the affecteemay file Appeal to Competent Authority who shall decide the case within 30-days after filling the case. Competent Authority may restore plot and grantextension in the period of construction. However, Authority shall not restore plotwithout imposing fine as prescribed and shall not grant extension more than 02-times for a total period of a year. If the so restored plot is not constructedcompletely, within given time frame, its allotment would be cancelled and it willbe put to auction in accordance with the procedure laid down in auction policy-2003 and original amount deposited by allottee will be refunded after deductingall PSIC dues. Restoration charges will be imposed @ 4% of prevailingevaluation table notified by District Collector concerned.

xviii. That the allottee shall submit construction schedule of the Project preferably asper format given in section-10 of the policy.

xix. That the allottee shall be liable to pay the enhanced cost of land/plot/utilities etcand other charges on demand of PSIC at any stage.

4. Punjab Small Industries Corporation expect that completion of the PSICapproved industrial unit/project within the prescribed in terms contained hereinand wish Good Luck for the entrepreneurs.

REGIONAL DIRECTOR

Copy to:-

1. Director (Estate Management), PSIC, Head Office, Lahore2. In-Charge, Small Industries Estate____________3. Master File.

Note: Regional Director may contain other appropriate terms& conditions keeping inview the policy to save the PSIC interest.

ANNEX-C


FUNCTIONS OF BOM

1. Implementation of rules, policies, guidelines, instructions, etc. issued by the PSICManagement from time to time regarding industrial estates matters.

2. Propose amendments / new policies to the PSIC Management for the development andmanagement of industrial estates.

3. Impose and recover penalties from the allottees on violating building bye-laws, rulespolicies etc. in accordance with PSIC policies.

4. Propose investment scenarios to PSIC Management with regard to development ofindustrial estates and monitoring execution of development works and expenditures inSIEs.

5. Establishment of common/technical facility/service/utility centres with the permissionof PSIC Management.

6. Prepare annual budget of industrial estates and submit to the PSIC Head Office forapproval of PSIC Board.

7. To recover fee / charges from the allottees in accordance with the policy / instructions /guidelines issued by PSIC Management. The amount recovered will be kept in a jointaccount of Regional Director and Chairman of BOM approved by the ManagingDirector, PSIC.

8. Utilize funds collected in consultation with Regional Director, PSIC on the maintenanceand development of SIE concerned.

9. Outsource any operational and management function to reputable entities as and whenrequired with the permission of PSIC Head Office.

10. Grant permission for erecting advertisement sign boards / boarding neon signs / otherand collect rent / charges thereof subject to approval of PSIC Head Office.

11. Establish canteens and other culinary facilities in accordance with approved Master Planand budget and with approval of MD, PSIC.

12. Supervise the execution of development works and incur expenditure thereon in the SIEsubject to provision of approved budget.

13. The BOM may enter into any obligations, contract / agreement for a maximum periodof one year. For obligation, contract / agreement for a period of more than one year,prior approval of MD, PSIC would be obtained. Head Office shall be informed for allobligations / contract / agreement signed / executed within 15-days of approval ofBOM.

14. Custody of record shall remain with the In-charge of concerned Estate.

15. BOM may appoint Legal Advisor on retainer ship basis or otherwise and decideremuneration. BOM shall inform Secretary, PSIC Board within 15-days of newappointment and change in terms of reference, etc. of Legal Advisor.

16. Any claims or demand against BOM will be referred to PSIC Management.

17. BOM will develop structure of management of SIE and assign role to run affairs of theestate, except transfer of land or other such matters.


18. To perform any other role / task as may be assigned by the PSIC Management.

19. BOM of Industrial Estate will submit annual performance report to Managing Director,PSIC.

20. BOM will take measure for colonization of industrial estate within given time period.

21. BOM will ensure maintenance and development of industrial estates.

22. Certain percentage fees/charges, as per (Annex-E) collected from the allottees, asdecided by PSIC Head Office, will be transferred from the account of BOM to RegionalOffice for payment of salaries to the staff of SIE and expenditure on contingencies, therest of the amount would be utilized for the development of concerned Industrial Estate.

23. BOM with the approval of PSIC Head Office may impose additional fee and amount socollected would remain in the account of BOM.


ANNEX-D

TERMS & CONDITIONS

1. Members of the BOM will be nominated for a period of two years by PSICManagement (Managing Director, PSIC). PSIC Management reserves the rights tochange the member prior to expiry of two years by recording the reasons of changein writing.

2. Chairman/member of BOM will not be defaulter of PSIC.

3. Chairman/Members, if they are found to be involved in crime or fraud at any stageduring their tenure, they will cease to be Chairman/Members as the case may be.PSIC Management will immediately de-notify and nominate the other Industrialist..

4. The members of the BOM from private sector would not be given any remuneration,fee etc. for their services.

5. BOM will hold at least one meeting every month in the Estate Office or RegionalDirector’s Office. Minutes of the meeting will be recorded and share with the PSIC,Head Quarter. Regional Director will be responsible for recording the minutes of themeeting and its sharing.

6. In case of any dispute about the status of the BOM or any other issue, decision ofthe Managing Director, PSIC would be final and binding.

[

7. The In-charge of estate would be secretary of the BOM.

8. BOM will be subservient to the rules, policies of PSIC and its management withoutany legal recourse.


ANNEX-E

FEES AND CHARGES IN PSIC SIEs/EPZs

SR.NO.

ITEM RATES BENCH MARK

1 New Building Plan Fee Rs.5 Per Square-Feet (Covered Area)

2 Addition/Alternation inBuilding Plan

Rs.5 Per Square-Feet(Covered Area)

3 Charges for change inName, Style & CorporateSet Up.

3% Price/Value per Kanal notifiedbyDistrict Collector of concernedDistrict

4 Amalgamation/Bifurcation–Sub Division/Merger ofIndustrial Plot / Unit

5% Price/Value per Kanal notified byDistrict Collector of concernedDistrict

5 Fee on Transfer ofownershipthrough PSIC

3%Price/Value per Kanal notified byDistrict Collector of concernedDistrict

6 Exit Fee 10%

7 Transfer of Ownership ofplot to legal heirs ofdeceased owner(s)

Rs.15,000/-(Per Kanal)

Lump sum

8 Extra Cost for Corner Plot 10% Total Cost of the plot

9 Extra Cost for Plot at frontrow.

10% Total Cost of the plot

10 Processing Fee forAllotment of plot

Rs.5,000/- Per case

11 Plot Restoration fee 4% as per section 12(2)5% as per section 14(a)

Price/Value per Kanal notified byDistrict Collector of concernedDistrict.

12 Transfer of ownershipthrough registered sale deed

4% Price/Value per Kanal notified byDistrict Collector of concernedDistrict

13 Lease Rent (Rs./ SquareYards)

Rent assessed byCommittee comprising offollowing:i. Regional Directorii. DDO Concernediii. Representative from

respective D.CETD &Agriculture.

Following committee will Proposebase rent, which will be approvedby Director (EM).i. Regional Directorii. DDO Concernediii. Representative from respective

D.CETD & Agriculture.

Lease will be awarded to highestbidder after inviting applicationsthrough advertisement innewspaper.


14 Maintenance Charges Rs.12,000 per yearSection 11(iii)

Per kanal area will be recoveredfrom allottee on quarterly basis.

15 Water Charges ( per month) As per current Municipal/ WASA Rates

Municipal/WASA Rates/Tariffs(Will be recovered from allottee onquarterly basis).

16 Sewerage Charges (permonth)

As per current Municipal/ WASARates

Municipal/WASA Rates/ Tariffs(Will be recovered from allottee onquarterly basis)

17 Plot / Building Rent Annual 10% increase inpresent rent

Rent Rate assessed by excise andtaxation Department within UrbanArea and Revenue Departmentoutside the urban area/ agricultureland. The length of contract wouldnot be more than 05-years. Rent ofbuilding would be re-assessedafresh after every 05-years andbuilding will be open for newtenancy. The terms & conditionsof contract will be duly approvedby Director (EM) PSIC.

18 NOC Fee (On Demand) Rs.1000/- Per Case

19 Possession Charges of plot - Per Case

20 Non Construction Charges1st yearSubsequent 2nd year

5%10%

Price/Value per kanal notified byDistrict Collector of concernedDistrict.


ANNEX-F

Policy Instructions and Procedures to Settle Issues / Matters Pertaining toSmall Industries Estate Management 2019

Sr.No.

DESCRIPTION OF ISSUE COMPETENT AUTHORITIE(S)

1. Announcement of new Estate byPSIC

Managing Director after approval from PSIC Boardof Members.

2. De-notification or withdrawal ofestablishment / development ofestate announced by PSIC.


3. Acquisition proceedings ofadditional land for extension ofold estates

Regional Director after approval from ManagingDirector.

4. Deposition of amount ofremuneration announced byCourts on account of Payment ofcost of land to owners of estateland.


5. Provisional Plot Booking Regional Director, after clearance from HeadOffice.

6. Allotment of Plots Following Committee :

i. Regional Director, Concernedii. Account In-Charge R.O.iii. Estate In-Charge

Concerned.7. Cancellation of Vacant Plot

(Here vacant plot means whereunit was not constructed duringthe stipulated period).

Regional Director Concerned

Note: Regional Director will affect cancellationreducing the reasons of cancellation in writing andwill communicate this to affectee through registeredpost within 07-days of cancellation.

Regional Director will also send monthly report toDirector (EM) PSIC.

8. Cancellation of Plots / Project Regional Director Concerned.

Note: Regional Director will affect cancellationreducing reasons of cancellation in writing and willcommunicate this to affectee through registered postwithin 07-days of cancellation. Regional Directorwill also send monthly report to Director (EM)PSIC.

9. Disposal of cancelled plots,which is not restored / left overplots.

Any plot becoming vacant due to cancellation,creation or leftover plot will vest with PSIC and willbe disposed off through “OPEN AUCTION” byadopting procedure as given in PSIC AuctionPolicy-2003, duly approved by PSIC BOM.


10. Restoration of cancelled plot. Managing Director, PSIC through followingcommittee:-

i) DMD, PSICii) Director(EM)iii) R.D Concerned

Note: Committee shall decide cases of restoration inline with Section 12(2) & 14 of the policy.

11. Issuance of Letters ofRestoration of cancelled plot.

Regional Directors concerned after receipt writtenapproval of Managing Director for restoration ofcancelled plots.

12. Change in Name & Style/ Titleof Project.

Regional Estate Management Committee(REMC).i- Regional Director concernedii- AD/DD/In-Charge (A/Cs) R.O.iii-AD/DD/In-Charge (Estate Wing) R.Oiv- In-Charge Estate/Sub Engineer

13. Change in Corporate Set Up. Regional Estate Management Committee(REMC).i- Regional Director Concerned.ii- AD / DD / In-Charge (A/Cs) R.O.iii-AD/DD / In-Charge(Estate Wing), R.Oiv- In-Charge Estate/Sub Engineer.v-

14. Change / Transfer of Ownershipof Plot to Heirs of DeceasedOwner(s)

Regional Estate Management Committee (REMC):i- Regional Director Concernedii- AD/DD/In-Charge (A/Cs), R.Oiii-AD/DD/In-Charge (Estate Wing) R.Oiv- In-Charge Estate/Sub Engineerv-

15. Change in Line of Production Regional Estate Management Committee (REMC):i- Regional Director, Concernedii- AD/DD/In-Charge (A/Cs) PSIC, R.O.iii- AD/DD, In-Charge(Estate Wing)R.Oiv- Estate In-Charge / Sub-Engineer

16. Project/Factory BuildingCompletion Certificate

Regional Directors on recommendations of In-Charge Estate

17. a) Approval of Building Plan.Addition/Alteration in approvedBuilding Plan

a)In-Charge of Estate Concerned.

b) Director (W&D) on recommendations ofRegional Director Concerned.

18. Additions/ Alteration in list ofSponsors (subject to conditionthat original Sponsors / allotteeswill remain included inCorporate Set Up).

Regional Estate Management Committee (REMC).i- Regional Director, Concernedii- AD/DD/ In-Charge (A/Cs) R.O.iii-AD/DD/In-Charge (Estate Wing), R.O.iv-In-Charge Estate/Sub Engineer.

19. Transfer of Projects. (Completedpartially completed, functional /Non-functional).

Regional Plot Transfer ApprovalCommittee(RPTAC):

i. Regional Director Concerned.ii. AD/DD/In-Charge (A/Cs) R.O.iii. AD/DD/representative from (EM), Head Office.iv. In-Charge Estate/Sub Engineer.


20. Transfer of Vacant Plot(Non-Constructed/Un-ColonizedPlot)

Regional Plot Transfer Approval Committee(RPTAC).

i- Regional Director, Concernedii- AD/DD/In-Charge (A/Cs) R.O.iii- AD/DD/representative from (EM), Head Office.iv-In-Charge Estate/Sub Engineer.

Note:- Vacant plot can be transferred only beforeissuance of Final Allotment letter subject to paymentof transfer fee/exit fee.

21. Auction/ disposal/ Selling ofPublic Utility Plots/Area.

As per procedures laid down in PSIC AuctionPolicy 2002. However, all auctions finalized underthis policy will be placed before Managing Directorfor final approval.Auction cases involving amount more than Rs.10.00million will be placed before PSIC Board ofMembers for approval.

22. Authorization/Approval ofRestoration of cancelled Plot.

Managing Director on submission of written requestby original allottee directly to Managing Director,PSIC, within thirty (30) days of the act andintimation of plot cancellation, MD,PSIC mayrestore the cancelled plot by recording reasons. Theallottee will however, have to clear all outstandingdues and fulfillment of other obligations and complywith other codal/procedural formalities asprescribed by PSIC.He will also pay upto 4% & 5% restoration fee asthe case may be in line with Section 12(2) & 14 ifhis plot is restored. M.D, PSIC shall not restorecancelled plot on account of total Non-Construction.

23. Formation of Estate AffairsCoordination Committees,BOMs with IndustrialAssociation/Chamber ofCommerce & Industries, OtherStakeholders in PSIC Estates /EPZs

Managing Director on recommendation of RegionalDirector concerned.

24. Execution of MOUs,arrangements and other writtenAgreements by ROs withIndustrial Associations /Chambers of CommerceIndustries, service providersother Stakeholders in PSIC SIEs/EPZs

Managing Director on recommendation of RegionalDirector concerned.

25. Amalgamations/ Bifurcation, SubDivisions, Merger of IndustrialPlots for one or more projects.

Managing Directors on recommendations ofRegional Estate Management Committee (REMC):

i- Regional Director Concernedii- AD/DD/In-Charge (A/Cs) R.O.iii-AD/DD/In-Charge (Estate Wing), R.Oiv-In-Charge Estate/Sub Engineer

26. Re-adjustments consolidation ofservice/open areas/plots toprovide for new areas / plotswithin purview of Master Plan.

Managing Director on submission of case byRegional Director. The case will be formally placedbefore PSIC Board of Members.


27. Change of Plot Nos. within TotalNumber of Plots/ Master Plan ofEstate with mutual consent or forsome other valid reasons.


28. Assignment of new Sizes /Number or alternate Size /Number of Plots for validreasons within Master Plan ofEstate.


29. Permission of PhysicalPossession of Plots to Allottee

Regional Director concerned.

30. Measurement / Demarcation ofPlots for physical possession ofplots to allottees.

Estate In-Charge concerned along with SubEngineer after approval from Regional Directorconcerned.

31. Auction of Trees / Grass / usedT&P Items etc in estate.

Estate In-Charge concerned along with SubEngineer.

32. Regularization of illegalAllotment of Plots

PSIC Board of Members.Case will be prepared by Regional Directorconcerned and placed before the followingcommittee for clearance.

i. Managing Director, PSICii. Dy. Managing Director, PSICiii. Director (EM) PSIC.iv. Regional Director Concerned.

33. Imposing of Ban on Transfer ofPlots.

Managing Director.

34. Lifting of Ban on Transfer ofPlots.

Managing Director.

35. Identification, Declaration andNotification of Areas as UtilityPlots / Areas

Director (W&D), Head Office after approval ofManaging Director.

36. Allotment of Plots to Foreigner /PLAs.

Managing Director on recommendation RegionalDirector concerned.

37. Identification/Measurement and Notification ofOpen Areas in the Estate.

Regional Estate Management Committee (REMC):i- Regional Director, Concernedii- AD/DD/In-Charge (A/Cs) R.O.iii- AD/DD / In-Charge(Estate Wing), R.Oiv- In-Charge Estate/Sub Engineer

38. Allotment/Regularization ofExcess Areas (below 10-marlas)attached with Regular sizedIndustrial Plots.(Area 10-Marla or above will beallotted through open auction)

Managing Director on recommendation of followingCommittee:i. Dy. Managing Director, PSICii. Director (EM) PSICiii. Director(W&D)PSICiv. Regional Director Concerned

39. Fixing of PriceValue of Less/Excess Areas forAllotment/ Regularization

Managing Director on recommendation of RegionalEstate Management Committee:

i- Regional Director, Concernedii- AD/DD/In-Charge(A/Cs) R.O.iii- AD/DD / In-Charge(Estate Wing), R.Oiv- In-Charge Estate/Sub Engineer

40. Approval of Water Connectionto Allottee

Regional Director.

41. Disconnection of WaterConnection

Estate In-Charge.


42. Reconnection of WaterConnection

Regional Director.

43. Re-scheduling the payment ofDues/ Over Dues from Allottees.

Regional Director.

44. Calculation and Certification ofDues/Recoverable from Allottee

A committee of AD/DD/In-Charge (A/Cs) R.O/ &In-Charge Estate.

45. Relaxing / Extensions inConstruction Period of Projectindividual cases.

Not Allowed

46. Relaxing in completion period ofproject for all Estate based.

Not Allowed

47.Renting out Estate Buildings,Areas including Offices,Canteen, Quarters Residences toIndustrialist, GovernmentAgencies etc.

Managing Director

48. Filling of Legal Cases in Courtsof Law

Regional Director

49. Attending of Courts Regional Director50. Revision / Re-fixing of Price of

PlotsManaging Director

51. Interviews, Press conferences onEstate Matters on print andelectronic media

Regional Director after approval form ManagingDirector.

52. Press Release Regional Director after approval form ManagingDirector.

53. Issuance of NOCs / Certificatesfor Banks, other utility servicesprovider or Government trade /industry promotion bodies andnot presentable in courts, to theindustrialists.

In case of those not presentable in courts – RegionalDirector on recommendations of Estate In-Charge.

In case of courts and international agencies etc,Regional Director after approval form ManagingDirector through Director (Legal) Head Office.

54. Refund to allottees / others Regional Director.55. Grant of Proprietary Rights Managing Director.56. Amnesty in approval of building

plan / completion plan.Managing Director.

57. Reduction, waive off any fee,charges, surcharges, mark up etc.

Managing Director.

58. Permission to mortgage and lienmaking

Managing Director.

59. Out of Court Settlement with theallottee / owners throughnegotiation across the table.

Managing Director.

60. Use of infrastructure facilities ofestates / EPZs by outside privatefactory owners, licenseholders/service provider/ Govt.Agencies.

Managing Director.

61. Cancellation of Lease Deed ofLease Hold Properties beforeend of Lease Period or isillegally released or sold ofrented out by the original lessee.

Regional Director on recommendation of Estate In-Charge.


62. Permission to original Lessee tosub lease or sub contract or rentout to others

Managing Director on recommendations ofRegional Director.

63. Execution of Release Deed tooriginal allottee

Regional Director on recommendations of Estate In-Charge.

64. Fresh leasing out the expiredleased out properties.

Managing Director on recommendation of RegionalDirectors.

65. Recording effect of change ofownership of plot in files ofparties or successful bidders as aresult of court auctions ofproject/Plots of PSIC Estatesasked by Banks/ Individuals/Others.

Regional Director on recommendations of Estate In-Charge after receipt of Court Orders and recovery ofPSIC dues.

66. First issuance of Cheques/Bank Draft/Pay Order/Promissory Notes etc to Ex-owner of cancelled/ Disputed/Forfeited and other similar kindsof plots

Regional Director & Assistant Director / DeputyDirector / In-Charge (Accounts) onrecommendations of Estate In-Charge or PSIC HeadOffice as per Court Order.

67. Cancellation of all types ofCheques issued.

Regional Director.

68. Re-issuance of new Cheques /Bank Draft/Pay Order /Promissory Note etc. in alljustified cases of payments toallottees/ex-owner/others ofPSIC Estates

Regional Director and AD/DD (Accounts) onrecommendations of Estate In-Charge or PSIC HeadOffice as per Court Order.

69. Re-Assignation of Authorities byRegional Directors to Estates In-Charges

Managing Director

70. Sine die of Court Case. Regional Director after approval from ManagingDirector.

71. Payment/Deposits of Charges /Penalties/ etc as per CourtOrders.

Regional Director.

72. Filling of appeal/Revisionsagainst Court Orders.

Regional Director after approval from ManagingDirector through Director (Legal), Head Office.

73. Entering/ Execution / Signing ofany Contract / Agreement /anyother documentary agreementwith Private parties fordepositing/ presenting in Courtof Law.


74. Authorization of Repliesprepared by PSIC Legal Advisorfor filing in Court of Law incases extra ordinary importanceand matter of policyimplementation

Regional Director after approval from ManagingDirector through Director (Legal), Head Office.

75. Appearance in ProvincialOmbudsman Office.

Regional Director alongwith Estate In-Charge

76. Commercialization of EstateArea or Plots / Projects.



77. Establishment of Mosque onPSIC owned area / plot in estateexcept area reserved in Masterplan.

Managing Director

78. Establishment of Gas, PetrolStation, Labour, Hotel,Canteens, Banks, Hospitals,Schools, Rescue 1122,Commercial Market/plaza etc.

Managing Director

79. Establishment of Kachatemporary mazdoor tandoor/Hotels.


80. Establishment of project Estateof PPP Model


81. Establishment of serviceIndustries Units/ Projects inestate provided not included inNegative list of industriesApproved by Government.


82. Regularization of servicesindustrial unit / factories alreadyestablished in estate.

Managing Director on the recommendation ofRegional Directors.

83. Post facto sanction / approvals inall cases of Estate ManagementMatters involving office ofManaging Director.

Managing Director.

84. Provision of attested copies oforiginal documents on demandto genuine allottee.


85. Authorization to accept or rejectand allow placement on recordof duplicate copies of fresh madecopies of lost documents fromgenuine allottees.


86. Any issue not covered under thispolicy.

PSIC Board

87. Removal of inconsistency in thepolicy.

Managing Director, PSIC


ANNEX-G

PROCEDURE FOR BOOKING OF PLOTSIN ROS

First Come First Serve Basis

(For Official Use only)

1. Nomination of an officer/official in Regional Office concerned to receive theapplications alongwith requisite documents and issuance of acknowledgementreceipt to applicant indicating date and time of receiving the applications.

2. Sign and Stamp of dealing officer on right corner of application forms for PSICrecord.

3. Maintain a plots control register (category-wise) duly signed by RegionalDirector concerned. The dealing officer will sign on the register at the closing ofbooking on daily basis.

4. Submission of daily progress and later-on consolidated report to RegionalDirector / Director (EM), PSIC, Head Office, Lahore.

5. An online portal should be Prepared at Regional Office level for onlineapplications


ANNEX-H

PROCEDURE FOR THE INVITATION AND RECEIPT OF

APPLICATIONS FOR ALLOTMENT OF PLOT IN PSIC SIES

i) Applications for allotment of plots will be invited on prescribed formsfrom interested entrepreneurs through print media within given timeperiod. Notice for invitation of applications will be published at-least intwo National Dailies one in Urdu and other in English. The applicationsreceived prior or after given dates will not be entertained.

ii) One applicant can apply for only one category of plot. Submission of anapplication does not render entitlement to the right of allotment.

iii) Application forms can be obtained from PSIC Regional Offices onpayment of Rs.1,000/- and alongwith receipt thereof. Applications formscan also be downloaded from Website of PSIC www.psic.gop.pk andapplicant will attach a bank draft of Rs.1,000/- on account of price ofapplication form. The applicant will attach a bank draft of Rs. 5000/-(Non-Refundable) on account of processing charges in favour ofconcerned PSIC Regional Offices and enter its No. in given Column ofapplication form.

iv) The applicant will attach bank draft of 50% of total estimated cost of plotalongwith applications in favour of concerned PSIC Regional Offices andenter its No. in given Column of applications forms, the remainingamount will be deposited in installments as per payment schedule.

v) The applications will be received in office of concerned Regional Officesby post or personally alongwith requisite documents.

vi) In complete applications will not be entertained.

www.psic.gop.pk

PUNJAB SMALL INDUSTRIES CORPORATION · 2019-12-12 · psic sie policy-2019 page 1 of 32 punjab...

Documents

Transcript of PUNJAB SMALL INDUSTRIES CORPORATION · 2019-12-12 · psic sie policy-2019 page 1 of 32 punjab...