PESHAWAR, May 7: The Corporate and Industrial Restructuring Committee (CIRC) would decide cases of sick industrial units on the basis of principal amount or force sale value.

This was stated by members of the CIRC, who called on the Sarhad Chamber of Commerce and Industry president Malik Zahid Hussain here on Tuesday.

The CIRC delegates briefed the members of Sarhad Chamber about the steps it had taken for the revival of sick units. The CIRC members said the committee would soon start its work in NWFP.

Welcoming the revival of sick units on force sale value basis, Malik Zahid said it would not only generate revenue for the government but would also arrest the problem of unemployment.—APP