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PIA sued for 2.7mn pounds

Pak Travel Agents UK seeks commission
ISLAMABAD: Association of Pakistan Travel Agents UK (APTA UK) has filed a claim suit against PIA with a court of law demanding payment of 2.68 million pounds plus interest as commission. According to APTA UK, PIA had appointed 43 members of APTA UK as General Sales Agents/ consolidators for its United Kingdom’s ticket sales.
In June 1994, PIA made a performance based protracted (oral) agreement with certain members of the claimant. “The agreement was, and still is, that the defendant would pay an additional sum equivalent to 2 per cent as incentive/ commission of the total value of the defendant’s ticket sales achieved by the claimant’s members, severally, and the agreement has since been consumed until about June 2008,” the suit documents filed with the High Court of Justice, Chancery Division London read.
“This claim arises as a result of the defendant’s failure to pay the aforesaid 2 per cent incentive/ commission to the claimant’s members as from July 2008; although the defendant has been, and still is accepting invoices from the members.
The amount of unpaid incentive /commission under the aforesaid agreement is a sum of UK pounds 2,689,500 plus interest for the period of default to be decided by the court,” the document added. As of December 3, 2010, the total value of this claim is UK Pound 2,689,500 plus 8 per cent annum interest, commencing from November 30, 2010, at the daily rate of UK Pound 589.48 per day till the judgement or the settlement of the claim, the claimant pleaded. -APP

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