Srinagar: A general body meeting of Association of Industrialists was held on Friday here in the premises M/S RS Profiles and was attended by the majority of unit holders.
The members discussed the ongoing situation of SIDCO industrial estate. “In wake of allegations levelled against the office bearers of the elected association and consequent framing of a self-styled Association by some unit holders, it was decided to suspend both the Associations with an immediate effect,” the statement said.
The caretaker body was framed in the meeting comprising of the following members: Haji Ghulam HassanDar – M/s H.R. Spices as caretaker President, Mohsin of M/s S.A. Power and Utilities Private Ltd as caretaker member, Aashiq Hussain of M/s FIL Industries Limited as caretaker member, Dawood Ahmad of M/s R.S. Profiles as caretaker member and Nasrullah Jan of M/s JKW Associates as caretaker member.
“The caretaker body shall run the day to day affairs of this Association and shall complete the process of investigation within a period of 90 days,” the statement said. “Investigation shall be conclusive and binding upon all the unit holders of this estate.”