We have to inform you that M/s. Manhill Advertising & Marketing (Pvt.) Ltd., (Suspended Agency), M/s. ManhattanPakistan (Pvt.) Ltd and M/s. Midas (Pvt) Ltd Lahore have provided following schedule of payment towards settlement of reported dues of Member Publications:
M/s. ManhattanPakistan (Pvt.) Ltd. (Reported Dues Rs. 9,248,594/-)
Request for 10 days Extension
M/s. Midas (Pvt.) Ltd. Lahore (Reported Dues Rs. 46,427,163/-)
Cheque date 23.02.2010
Cheque date 24.02.2010
Cheque date 25.02.2010
The APNS clearance rules provide the consent of the major claimants to accept the default restructuring of a suspended agency. We therefore, request you to kindly inform us your acceptance / rejection of the above schedule by on February 20, 2010 through fax or e-mail. On receipt of response from the reporting publications, the decision will be taken as per rules of the Society.