Pakistan's oldest tannery, Aziz Tanneries (Pvt) Ltd., will be sold at auction on October 26 in order to recover debts. The sale was ordered by the Lahore High Court after the company accrued debts with United Bank Ltd that it could not repay.

Aziz Tanneries, located in Tehil and Sahiwal, in Punjab, manufactures and exports cow and buffalo leathers.