Formation of reconciliation committee demanded to settle rent disputes


ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) Senior Vice President (SVP) Muhammad Naveed has urged that the government should form a reconciliation committee under the aegis of the chamber to settle rent disputes of traders of the federal capital.

He stated this while exchanging views with Anjuman-e-Tajran Islamabad President Ajmal Baloch during his visit to ICCI on Saturday. ICCI Vice President Nisar Ahmed Mirza was also present on the occasion.

Naveed said that the incidents of forced evictions of traders from shops due to rent disputes have recently increased in the federal capital that has created great concerns among the trader community. He added that the absence of a new rent law was giving rise to such incidents, and called upon the government to arrange early promulgation of Rent Control Act in Islamabad to save the traders from further problems.

He assured that the ICCI would take all the steps for early promulgation of the act in Islamabad to facilitate the growth of trade activities.

Ajmal Baloch said that in consultation with all stakeholders, an amended bill of a balanced Rent Control Act for Islamabad was prepared and presented a long time ago in the National Assembly that has not been passed into a law as yet.

He said that the delay in its enactment was creating frustration among the trading community, and stressed that government should get the bill passed from parliament without wasting further time.

ICCI VP Nisar Ahmed Mirza, while welcoming Ajmal Baloch, said that the absence of rent law was the most serious issue of the traders of Islamabad, and the government should arrange the passage of new rent law on top priority basis to provide a sense of security to the traders. He assured that ICCI would fully cooperate with the business community to resolve their problems on a priority basis.