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Appointment of administrator.—(1) The Court may, on a petition made by the qualifying \r\ncredi","quote_sha256":"296577f8d6e244144d5dfcb4c8977ae249b3ea8cb9b11115f79915c2809d5ff1","reader_fragment":"p-24550-26342-758c862dff2a3b80","reader_url":"/laws/pk-code-af8efa0072572421#p-24550-26342-758c862dff2a3b80","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"}},{"id":"citation-3f09e93e685d1a4f52f7","source":"pk-code-af8efa0072572421","target":null,"target_candidates":["pk-code-53985970d7ba2acd","punjab-code-9c8e1693e64ec530"],"resolution":"ambiguous_source_editions","relation":"explicit_instrument_citation","evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":43516,"character_end":43538,"quote":"Limitation \r\nAct, 1908","quote_sha256":"7080578f56fef46a19d2816651dea7af8ca144b0c7f93a8885595a6276b09383","reader_fragment":"p-42178-43906-67cd528f0e95e636","reader_url":"/laws/pk-code-af8efa0072572421#p-42178-43906-67cd528f0e95e636","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":43346,"character_end":43768,"quote":"egistered,  executed or passed, before or after the \r\ncommencement of this Act. \r\n \r\n38. Limitation.— (l) Except as provided otherwise in this Act, the provisions of the Limitation \r\nAct, 1908 (IX of 1908) shall apply to the proceedings under this Act. \r\n \r\n(2) Notwithstanding anything contained in the Limitation Act, 1908 (IX of 1908), in computing \r\nthe time within which an administrator may institute a suit for the ","quote_sha256":"5a8254012ae9302afd8eeecb9769b24e1c662f8cfc3a1387098b30a16c2e68c4","reader_fragment":"p-42178-43906-67cd528f0e95e636","reader_url":"/laws/pk-code-af8efa0072572421#p-42178-43906-67cd528f0e95e636","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"}},{"id":"citation-4f8f4d903352296ee2e7","source":"pk-code-af8efa0072572421","target":null,"target_candidates":["pk-code-53985970d7ba2acd","punjab-code-9c8e1693e64ec530"],"resolution":"ambiguous_source_editions","relation":"explicit_instrument_citation","evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":43650,"character_end":43670,"quote":"Limitation Act, 1908","quote_sha256":"8bf7076509aef86ef0040856fe61fa4a7dd976facd57009d91c6959e0b85d60a","reader_fragment":"p-42178-43906-67cd528f0e95e636","reader_url":"/laws/pk-code-af8efa0072572421#p-42178-43906-67cd528f0e95e636","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":43480,"character_end":43900,"quote":" in this Act, the provisions of the Limitation \r\nAct, 1908 (IX of 1908) shall apply to the proceedings under this Act. \r\n \r\n(2) Notwithstanding anything contained in the Limitation Act, 1908 (IX of 1908), in computing \r\nthe time within which an administrator may institute a suit for the recovery of any debt due to the \r\ndebtor, the period which elapses between the filing of a petition under the is Act and the passing","quote_sha256":"ff9dd1c3592a84ab28bdf6b884d6d104e8d95907dc322036c368dc00bc7ccbad","reader_fragment":"p-42178-43906-67cd528f0e95e636","reader_url":"/laws/pk-code-af8efa0072572421#p-42178-43906-67cd528f0e95e636","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"}}],"incoming":[],"internal_references":[{"id":"internal-d986542bdffbe3ef955a","source":"pk-code-af8efa0072572421","target":"pk-code-af8efa0072572421","provision_kind":"section","provision_number":"20","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":25476,"character_end":25510,"quote":"20. Appointment of administrator.—","quote_sha256":"29a4f1207f8e3c10cc63f5ff52b9d199fc9d46c506d331073f40b2fa510c13a7","reader_fragment":"p-24550-26342-758c862dff2a3b80","reader_url":"/laws/pk-code-af8efa0072572421#p-24550-26342-758c862dff2a3b80","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-24550-26342-758c862dff2a3b80","evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":2841,"character_end":2851,"quote":"section 20","quote_sha256":"4f96386da7ca879e92602b7107da77a1009b1ce68b2b9bb39a2783ea25709222","reader_fragment":"p-1790-3532-7fe4c298fbf4dffd","reader_url":"/laws/pk-code-af8efa0072572421#p-1790-3532-7fe4c298fbf4dffd","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":2671,"character_end":3081,"quote":" \r\n \r\n2. Definitions.— (1) In this Act, unless there is anything repugnant in the subject or context,— \r\n \r\n \r\n(a) “administrator” means an administrator appointed under section 20; \r\n \r\n(b) “administration committee” means the committee of the creditors or shareholders \r\nof the debtor appointed under section 26; \r\n \r\n(c) “claim” or “debt” means right to payment, whether or not such right is reduced \r\nto ju","quote_sha256":"35a783fd5763d35bfd25a13fe905ac3a944dea359a865ddfdadf25248c8c5920","reader_fragment":"p-1790-3532-7fe4c298fbf4dffd","reader_url":"/laws/pk-code-af8efa0072572421#p-1790-3532-7fe4c298fbf4dffd","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-65b1bc267a5f452d5989","source":"pk-code-af8efa0072572421","target":"pk-code-af8efa0072572421","provision_kind":"section","provision_number":"26","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":34114,"character_end":34147,"quote":"26. Administration committees .— ","quote_sha256":"d94949044a35c6266405b478aeb686e56befe2056d277dfb700021a1a8e7cce9","reader_fragment":"p-33283-35047-2c992d113d54d301","reader_url":"/laws/pk-code-af8efa0072572421#p-33283-35047-2c992d113d54d301","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-33283-35047-2c992d113d54d301","evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":2974,"character_end":2984,"quote":"section 26","quote_sha256":"0bbd0752a8b03104152794c5f1de2e8d3ea8ad4a65eea77b3ef966b89e920a2f","reader_fragment":"p-1790-3532-7fe4c298fbf4dffd","reader_url":"/laws/pk-code-af8efa0072572421#p-1790-3532-7fe4c298fbf4dffd","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":2804,"character_end":3214,"quote":"ans an administrator appointed under section 20; \r\n \r\n(b) “administration committee” means the committee of the creditors or shareholders \r\nof the debtor appointed under section 26; \r\n \r\n(c) “claim” or “debt” means right to payment, whether or not such right is reduced \r\nto judgment, liquidated, unliquidated, fixed, contingent, matured, disputed, \r\ndisputed, legal, secured or unsecured and includes principa","quote_sha256":"0d2daf61cb98836b25fe469d17d84c75c9b3c5d98b697a718214a69c661db86f","reader_fragment":"p-1790-3532-7fe4c298fbf4dffd","reader_url":"/laws/pk-code-af8efa0072572421#p-1790-3532-7fe4c298fbf4dffd","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-2ef1d372b1f0706c419f","source":"pk-code-af8efa0072572421","target":"pk-code-af8efa0072572421","provision_kind":"section","provision_number":"6","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":8265,"character_end":8277,"quote":"6. Debtor.— ","quote_sha256":"54974fb2c919b9e071e9a30c099674f95df117383196ba3f2d95fd1dce4de0a2","reader_fragment":"p-6975-8761-b108563384e15e1d","reader_url":"/laws/pk-code-af8efa0072572421#p-6975-8761-b108563384e15e1d","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-6975-8761-b108563384e15e1d","evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":3726,"character_end":3735,"quote":"section 6","quote_sha256":"792c165b6970d8337f6d9964e837f96a44033014481ff724eb09bd30fd225a06","reader_fragment":"p-3532-5261-ce4af4aed5e1bbcf","reader_url":"/laws/pk-code-af8efa0072572421#p-3532-5261-ce4af4aed5e1bbcf","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":3556,"character_end":3965,"quote":"entity that has a claim against debtor that arose at the time of \r\nor before the commencement of a case under this Act; \r\n \r\n(g) “debtor” means a company specified under section 6; \r\n \r\n(h) “financial institution” shall have the same meaning as assigned to it under the \r\nFinancial Institutions (Recovery of Finances) Ordinance, 2001 (XLVI of 2001); \r\n \r\n(i) “insolvency expert” means the expert specified und","quote_sha256":"7b5862779da4033e4dfee068cd0650ebdc11273d350c9c39d477ca949a329bcd","reader_fragment":"p-3532-5261-ce4af4aed5e1bbcf","reader_url":"/laws/pk-code-af8efa0072572421#p-3532-5261-ce4af4aed5e1bbcf","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-e8d3b0790ea427122d5d","source":"pk-code-af8efa0072572421","target":"pk-code-af8efa0072572421","provision_kind":"section","provision_number":"5","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":7438,"character_end":7463,"quote":"5. I nsolvency experts .—","quote_sha256":"9982853b042a386195d36d41e7ece771ab5000263580660aee702f09e8659e48","reader_fragment":"p-6975-8761-b108563384e15e1d","reader_url":"/laws/pk-code-af8efa0072572421#p-6975-8761-b108563384e15e1d","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-6975-8761-b108563384e15e1d","evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":3968,"character_end":3977,"quote":"section 5","quote_sha256":"c78910f62af57da8aa153eb6799061f6a7eba78c4de4d9870e26a4b8739111e3","reader_fragment":"p-3532-5261-ce4af4aed5e1bbcf","reader_url":"/laws/pk-code-af8efa0072572421#p-3532-5261-ce4af4aed5e1bbcf","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":3798,"character_end":4207,"quote":"as assigned to it under the \r\nFinancial Institutions (Recovery of Finances) Ordinance, 2001 (XLVI of 2001); \r\n \r\n(i) “insolvency expert” means the expert specified under section 5; \r\n \r\n \r\nPage 4 of 19 \r\n \r\n(j) “interests” or “class of interests”  means any person or class of  persons liable to \r\ncontribute to the assets of  a company in the event of its being wound up and \r\nincludes the holder of any shar","quote_sha256":"fc29c247236b2f87f8288951dea63ee59ff7f2a91d80454b7da36afd1cc64e4e","reader_fragment":"p-3532-5261-ce4af4aed5e1bbcf","reader_url":"/laws/pk-code-af8efa0072572421#p-3532-5261-ce4af4aed5e1bbcf","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-d7b88e3d3ef5f701538e","source":"pk-code-af8efa0072572421","target":"pk-code-af8efa0072572421","provision_kind":"section","provision_number":"10","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":14464,"character_end":14480,"quote":"10. Mediation.— ","quote_sha256":"3b7a24dfc05a39a5e7a3613113435220412f7a63a79f682e1ba6e5d520f05903","reader_fragment":"p-14045-15767-f82df04b4fc7c2f9","reader_url":"/laws/pk-code-af8efa0072572421#p-14045-15767-f82df04b4fc7c2f9","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-14045-15767-f82df04b4fc7c2f9","evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":4290,"character_end":4300,"quote":"section 10","quote_sha256":"1bd043bc448dd6074c67276fbda3a04e9dab1f0e27c10d9f97a28df8646aa2a2","reader_fragment":"p-3532-5261-ce4af4aed5e1bbcf","reader_url":"/laws/pk-code-af8efa0072572421#p-3532-5261-ce4af4aed5e1bbcf","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":4120,"character_end":4530,"quote":" of  a company in the event of its being wound up and \r\nincludes the holder of any shares which are fully paid up; \r\n \r\n(k) “mediator” means the mediator appointed under section 10; \r\n \r\n \r\n(l) “Ordinance” means the Companies Ordinance, 2016 (VI of2016) or such other \r\nlaw in force for regulations of companies; \r\n \r\n(m) “order of mediation” means the order passed by the Court under section 10;  \r\n \r\n(n) “pl","quote_sha256":"e7a7439e53ce208eab0a44061e52aa0caac2c2c345097edde16b489121c8ab9a","reader_fragment":"p-3532-5261-ce4af4aed5e1bbcf","reader_url":"/laws/pk-code-af8efa0072572421#p-3532-5261-ce4af4aed5e1bbcf","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-1d5ea1cb339119f5adc9","source":"pk-code-af8efa0072572421","target":"pk-code-af8efa0072572421","provision_kind":"section","provision_number":"10","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":14464,"character_end":14480,"quote":"10. Mediation.— ","quote_sha256":"3b7a24dfc05a39a5e7a3613113435220412f7a63a79f682e1ba6e5d520f05903","reader_fragment":"p-14045-15767-f82df04b4fc7c2f9","reader_url":"/laws/pk-code-af8efa0072572421#p-14045-15767-f82df04b4fc7c2f9","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-14045-15767-f82df04b4fc7c2f9","evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":4505,"character_end":4515,"quote":"section 10","quote_sha256":"1bd043bc448dd6074c67276fbda3a04e9dab1f0e27c10d9f97a28df8646aa2a2","reader_fragment":"p-3532-5261-ce4af4aed5e1bbcf","reader_url":"/laws/pk-code-af8efa0072572421#p-3532-5261-ce4af4aed5e1bbcf","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":4335,"character_end":4745,"quote":" Companies Ordinance, 2016 (VI of2016) or such other \r\nlaw in force for regulations of companies; \r\n \r\n(m) “order of mediation” means the order passed by the Court under section 10;  \r\n \r\n(n) “plan of rehabilitation” means a plan of  rehabilitation of debtor defined under \r\nsection 7; \r\n \r\n(o) “prescribed” means prescribed by rules or regulations made under this Act; \r\n \r\n \r\n(p) “property” means property of","quote_sha256":"2692b58570f9a0e543243b0e3f976e4bc7eeaa8ad35a4156c869ad957ea7cca2","reader_fragment":"p-3532-5261-ce4af4aed5e1bbcf","reader_url":"/laws/pk-code-af8efa0072572421#p-3532-5261-ce4af4aed5e1bbcf","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-b9729fc11a8270c3622d","source":"pk-code-af8efa0072572421","target":"pk-code-af8efa0072572421","provision_kind":"section","provision_number":"7","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":9552,"character_end":9580,"quote":"7. Plan of rehabilitation.— ","quote_sha256":"c1394d266cedfcd15c2d91ca5ef3374c6e4ea6f861a952478c8ee18a89148181","reader_fragment":"p-8761-10559-cdd4b5651202cc38","reader_url":"/laws/pk-code-af8efa0072572421#p-8761-10559-cdd4b5651202cc38","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-8761-10559-cdd4b5651202cc38","evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":4610,"character_end":4619,"quote":"section 7","quote_sha256":"28f5bb7d4b325f950aff65a2815359bf6aa334ddc0a376911f880c702b49db95","reader_fragment":"p-3532-5261-ce4af4aed5e1bbcf","reader_url":"/laws/pk-code-af8efa0072572421#p-3532-5261-ce4af4aed5e1bbcf","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":4440,"character_end":4849,"quote":") “order of mediation” means the order passed by the Court under section 10;  \r\n \r\n(n) “plan of rehabilitation” means a plan of  rehabilitation of debtor defined under \r\nsection 7; \r\n \r\n(o) “prescribed” means prescribed by rules or regulations made under this Act; \r\n \r\n \r\n(p) “property” means property of all description, whether movable or immovable, \r\ntangible or intangible, existing or future, claims for","quote_sha256":"a19a004e2b270f85599af2bdfb0090983c1b21f5508ca3d6571d3ece04449be9","reader_fragment":"p-3532-5261-ce4af4aed5e1bbcf","reader_url":"/laws/pk-code-af8efa0072572421#p-3532-5261-ce4af4aed5e1bbcf","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-b66f1acc719b6c63184b","source":"pk-code-af8efa0072572421","target":"pk-code-af8efa0072572421","provision_kind":"section","provision_number":"9","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":12723,"character_end":12750,"quote":"9. Statement of affairs .— ","quote_sha256":"c5a0dcdb94ed62a63653f060656faff3f4e795535d0fce7437ee6f978fdc86c9","reader_fragment":"p-12273-14045-bcf4a81510f30d0c","reader_url":"/laws/pk-code-af8efa0072572421#p-12273-14045-bcf4a81510f30d0c","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-12273-14045-bcf4a81510f30d0c","evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":5657,"character_end":5666,"quote":"section 9","quote_sha256":"063f116122d5538f1f3b72b9e4caad53c5fd543a6265ae9b85247765b8e4a97f","reader_fragment":"p-5261-6975-76485be88ba45e92","reader_url":"/laws/pk-code-af8efa0072572421#p-5261-6975-76485be88ba45e92","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":5487,"character_end":5896,"quote":"of Pakistan Act, 1956 (XXXIII of 1956); and \r\n \r\n(v) “statement of  affairs” means statement of  particulars about the property and \r\nbusiness of a debtor prepared under section 9. \r\n \r\n(2) The words and expressions used but not defined in this Act shall have  the same meaning \r\nas assigned to them in the Ordinance. \r\n \r\n3. Jurisdiction and powers of High Court .— (1) The Court having jurisdiction under th","quote_sha256":"fe285ed6bb992cea5ace863fbcc32b2c4846aec0a30717d39b26cc103a53aa67","reader_fragment":"p-5261-6975-76485be88ba45e92","reader_url":"/laws/pk-code-af8efa0072572421#p-5261-6975-76485be88ba45e92","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-a9d196e17980caf68a51","source":"pk-code-af8efa0072572421","target":"pk-code-af8efa0072572421","provision_kind":"section","provision_number":"17","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":22165,"character_end":22190,"quote":"17. Dismissal of a case.—","quote_sha256":"43baebe3f0e145bca5a9423f6a40f57e334fa6d87d17219296c9bb013e616429","reader_fragment":"p-21018-22786-b5629ea0fb1ef629","reader_url":"/laws/pk-code-af8efa0072572421#p-21018-22786-b5629ea0fb1ef629","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-21018-22786-b5629ea0fb1ef629","evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":8849,"character_end":8859,"quote":"section 17","quote_sha256":"a5d6abf8f0c914957b60cb664e03845d42724633ff5d5255cbd5fde78d9f8ac4","reader_fragment":"p-8761-10559-cdd4b5651202cc38","reader_url":"/laws/pk-code-af8efa0072572421#p-8761-10559-cdd4b5651202cc38","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":8679,"character_end":9089,"quote":"r \r\nsum as the Federal Government may, by notification in the official Gazette, \r\nspecify from time to time; \r\n \r\n(d) a company against which an order of dismissal under section 17 has been passed \r\nwithin the past five years; \r\n \r\n \r\nPage 6 of 19 \r\n \r\n(e) a company with respect to which a plan of rehabilitation has been confirmed \r\nunder this Act within the past seven years; \r\n \r\n(f) a company against whic","quote_sha256":"8a2b6ecaf04d04d07a631ae7e87a7afbb5435fe1f6d3252740c6720e2f616d04","reader_fragment":"p-6975-8761-b108563384e15e1d","reader_url":"/laws/pk-code-af8efa0072572421#p-6975-8761-b108563384e15e1d","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-d680310addecab706bde","source":"pk-code-af8efa0072572421","target":"pk-code-af8efa0072572421","provision_kind":"section","provision_number":"8","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":11107,"character_end":11134,"quote":"8. Commencement of a case.—","quote_sha256":"20191dcb72dbe8090d21ee0fc0a3fc02c36a431c9b96c29f1b347abc81637721","reader_fragment":"p-10559-12273-adb8c085ec07af1b","reader_url":"/laws/pk-code-af8efa0072572421#p-10559-12273-adb8c085ec07af1b","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-10559-12273-adb8c085ec07af1b","evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":14556,"character_end":14565,"quote":"section 8","quote_sha256":"dbd4926edb8d6b11a4d1dc7b4fac29d322802053997a2301f605d72e6d15ba31","reader_fragment":"p-14045-15767-f82df04b4fc7c2f9","reader_url":"/laws/pk-code-af8efa0072572421#p-14045-15767-f82df04b4fc7c2f9","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":14386,"character_end":14795,"quote":"or a term which may ex tend to six months, or with fine, or with \r\nboth. \r\n \r\n10. Mediation.— (1) The Court may, after notice and a hearing of the petition filed under \r\nsection 8, pass an order for the appointment of insolvency experts to act as sole mediator or  joint \r\nmediators, as the case may be, in relation to the plan of rehabilitation filed in the Court. \r\n \r\n(2) The mediator appointed by the Cour","quote_sha256":"f1dbbdc36510e23ed6533f30e3379c30daff6e815688b1a980262dd2e7257be8","reader_fragment":"p-14045-15767-f82df04b4fc7c2f9","reader_url":"/laws/pk-code-af8efa0072572421#p-14045-15767-f82df04b4fc7c2f9","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-62540c64e466d0a6594b","source":"pk-code-af8efa0072572421","target":"pk-code-af8efa0072572421","provision_kind":"section","provision_number":"14","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":19488,"character_end":19535,"quote":"14. Confirmation of a plan of rehabilitation.— ","quote_sha256":"ef2c7fb48dcf8b19540a1ab99ac3f3420a73e43f1dc2772afb4842df92883745","reader_fragment":"p-19274-21018-d46670cd32822f6f","reader_url":"/laws/pk-code-af8efa0072572421#p-19274-21018-d46670cd32822f6f","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-19274-21018-d46670cd32822f6f","evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":18130,"character_end":18140,"quote":"section 14","quote_sha256":"08f7a8a4682568290ae926f9bd51a12af708181b5c3c0dfc1cc2a327b2aed248","reader_fragment":"p-17533-19274-6efa9c28397d7ce5","reader_url":"/laws/pk-code-af8efa0072572421#p-17533-19274-6efa9c28397d7ce5","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":17960,"character_end":18370,"quote":" assets. \r\n \r\n(2) The stay granted under sub-section (1) shall, if not earlier vacated, ipso facto cease to have \r\neffect on,— \r\n \r\n(a)  the confirmation of a plan under section 14; or \r\n \r\n(b)  the dismissal of the case under section 17. \r\n \r\n(3) Notwithstanding anything contained in sub -section (2), the Court may, on application of \r\nthe qualifying creditors or an interested party and after notice and a ","quote_sha256":"442d89fa36ce5b28ac906699d2b0d119c9fe3aafd725143e1f7ccd171da1642b","reader_fragment":"p-17533-19274-6efa9c28397d7ce5","reader_url":"/laws/pk-code-af8efa0072572421#p-17533-19274-6efa9c28397d7ce5","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-a5154d52859efd987a5c","source":"pk-code-af8efa0072572421","target":"pk-code-af8efa0072572421","provision_kind":"section","provision_number":"17","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":22165,"character_end":22190,"quote":"17. Dismissal of a case.—","quote_sha256":"43baebe3f0e145bca5a9423f6a40f57e334fa6d87d17219296c9bb013e616429","reader_fragment":"p-21018-22786-b5629ea0fb1ef629","reader_url":"/laws/pk-code-af8efa0072572421#p-21018-22786-b5629ea0fb1ef629","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-21018-22786-b5629ea0fb1ef629","evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":18187,"character_end":18197,"quote":"section 17","quote_sha256":"a5d6abf8f0c914957b60cb664e03845d42724633ff5d5255cbd5fde78d9f8ac4","reader_fragment":"p-17533-19274-6efa9c28397d7ce5","reader_url":"/laws/pk-code-af8efa0072572421#p-17533-19274-6efa9c28397d7ce5","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":18017,"character_end":18427,"quote":"shall, if not earlier vacated, ipso facto cease to have \r\neffect on,— \r\n \r\n(a)  the confirmation of a plan under section 14; or \r\n \r\n(b)  the dismissal of the case under section 17. \r\n \r\n(3) Notwithstanding anything contained in sub -section (2), the Court may, on application of \r\nthe qualifying creditors or an interested party and after notice and a hearing, grant such relief from the \r\nstay granted under ","quote_sha256":"df9b5ddea60dda8edb369cd52c5bb44b5e17f11e0835712dfe60bb328171b6aa","reader_fragment":"p-17533-19274-6efa9c28397d7ce5","reader_url":"/laws/pk-code-af8efa0072572421#p-17533-19274-6efa9c28397d7ce5","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-cc2ae85b1db75cfaf22e","source":"pk-code-af8efa0072572421","target":"pk-code-af8efa0072572421","provision_kind":"section","provision_number":"10","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":14464,"character_end":14480,"quote":"10. Mediation.— ","quote_sha256":"3b7a24dfc05a39a5e7a3613113435220412f7a63a79f682e1ba6e5d520f05903","reader_fragment":"p-14045-15767-f82df04b4fc7c2f9","reader_url":"/laws/pk-code-af8efa0072572421#p-14045-15767-f82df04b4fc7c2f9","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-14045-15767-f82df04b4fc7c2f9","evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":22799,"character_end":22809,"quote":"section 10","quote_sha256":"1bd043bc448dd6074c67276fbda3a04e9dab1f0e27c10d9f97a28df8646aa2a2","reader_fragment":"p-22786-24550-b30b585bc6af0f8e","reader_url":"/laws/pk-code-af8efa0072572421#p-22786-24550-b30b585bc6af0f8e","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":22629,"character_end":23039,"quote":"s for mediation \r\nafter getting due opportunity in this regard; and \r\n \r\n(c) the media tor has not been able to fully perform one or more of the functions \r\nspecified in section 10 within a period of twelve months from his appointment. \r\n \r\n(2) Unless the Court for any reason orders otherwise, the dismissal of a case does not affect \r\nthe validity of any action taken during the pendency of a case. \r\n \r\n(3) ","quote_sha256":"4ad417d3addc289f786a1cb6a338a909d6d77628595389bb7024de313ed962f0","reader_fragment":"p-21018-22786-b5629ea0fb1ef629","reader_url":"/laws/pk-code-af8efa0072572421#p-21018-22786-b5629ea0fb1ef629","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-adda39be140a5eae8bf1","source":"pk-code-af8efa0072572421","target":"pk-code-af8efa0072572421","provision_kind":"section","provision_number":"22","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":29478,"character_end":29526,"quote":"22. Removal and termination of administr ator.— ","quote_sha256":"4498f9511c85c01b897a2095381a6492eec7bbbb40a389fd4832514ce6b6d0f7","reader_fragment":"p-28059-29811-080d4517dacdb90e","reader_url":"/laws/pk-code-af8efa0072572421#p-28059-29811-080d4517dacdb90e","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-28059-29811-080d4517dacdb90e","evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":23878,"character_end":23888,"quote":"section 22","quote_sha256":"64361aeef735706d4e12913c622b970494179edeff53a9b55f8c2a7c52f379d9","reader_fragment":"p-22786-24550-b30b585bc6af0f8e","reader_url":"/laws/pk-code-af8efa0072572421#p-22786-24550-b30b585bc6af0f8e","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":23708,"character_end":24118,"quote":"ilure to achieve the acceptance of plan of rehabilitation in twelve months from \r\nappointment of an administrator except where the administrator has been removed \r\nunder section 22; or \r\n \r\n(b) the Court finds that a petition under this Act was filed by the debtor for fraud lent \r\npurposes. \r\n \r\n(2) The order of conversion under this section shall also provide for the appointment of a \r\nliquidator and the C","quote_sha256":"3aebb82b0bc0c207e5fa9504e4dc9b24a280d5f7ff7a6faf5001391b8cca7b66","reader_fragment":"p-22786-24550-b30b585bc6af0f8e","reader_url":"/laws/pk-code-af8efa0072572421#p-22786-24550-b30b585bc6af0f8e","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-95669fcf99a72be3d333","source":"pk-code-af8efa0072572421","target":"pk-code-af8efa0072572421","provision_kind":"section","provision_number":"18","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":23530,"character_end":23558,"quote":"18. Conversion of a case. — ","quote_sha256":"464761482a93684667b8034729fa03ad9b162e707bd26b0c5f57339ee7761f35","reader_fragment":"p-22786-24550-b30b585bc6af0f8e","reader_url":"/laws/pk-code-af8efa0072572421#p-22786-24550-b30b585bc6af0f8e","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-22786-24550-b30b585bc6af0f8e","evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":24666,"character_end":24676,"quote":"section 18","quote_sha256":"bfe92c5e96adcd593644c1c8b9809e07fafdda5a2e97f5052dcd997c5f6c858e","reader_fragment":"p-24550-26342-758c862dff2a3b80","reader_url":"/laws/pk-code-af8efa0072572421#p-24550-26342-758c862dff2a3b80","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":24496,"character_end":24906,"quote":" \r\n(c)  the administrator appointed in the case. \r\n \r\n19. Consequences of conversion.— (1) Notwithstanding any provision of the Ordinance, an \r\norder of conversion under section 18 shall be deemed to be a winding up order by the Court under the \r\nOrdinance and the winding up of the debtor shall be deemed to have commenced on the date of \r\ncommencement of the case under this Act. \r\n \r\n(2) Except as provided ","quote_sha256":"78e13c5e6d2ed04824652b1fc6807e9e562e154cc801c372b2b9927f68e2a6c5","reader_fragment":"p-22786-24550-b30b585bc6af0f8e","reader_url":"/laws/pk-code-af8efa0072572421#p-22786-24550-b30b585bc6af0f8e","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-0ec90a49f368c53eba35","source":"pk-code-af8efa0072572421","target":"pk-code-af8efa0072572421","provision_kind":"section","provision_number":"18","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":23530,"character_end":23558,"quote":"18. Conversion of a case. — ","quote_sha256":"464761482a93684667b8034729fa03ad9b162e707bd26b0c5f57339ee7761f35","reader_fragment":"p-22786-24550-b30b585bc6af0f8e","reader_url":"/laws/pk-code-af8efa0072572421#p-22786-24550-b30b585bc6af0f8e","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-22786-24550-b30b585bc6af0f8e","evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":24987,"character_end":24997,"quote":"section 18","quote_sha256":"bfe92c5e96adcd593644c1c8b9809e07fafdda5a2e97f5052dcd997c5f6c858e","reader_fragment":"p-24550-26342-758c862dff2a3b80","reader_url":"/laws/pk-code-af8efa0072572421#p-24550-26342-758c862dff2a3b80","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":24817,"character_end":25227,"quote":"ed on the date of \r\ncommencement of the case under this Act. \r\n \r\n(2) Except as provided in sub-section (3), all proceedings subsequent to an order of conversion \r\nunder section 18 shall be carried out in accordance with the provisions of the Ordinance, including the \r\nfiling of appeal against such order and other remedies provided therein. \r\n \r\n(3) Following an order of conversion , a financial institution","quote_sha256":"0e3d4fd4280809cb9b660a4fc1c3e8eb791bb580b9b7cdd3189dfbf5aa8a8d6e","reader_fragment":"p-24550-26342-758c862dff2a3b80","reader_url":"/laws/pk-code-af8efa0072572421#p-24550-26342-758c862dff2a3b80","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-ee8cdf9d20973d715039","source":"pk-code-af8efa0072572421","target":"pk-code-af8efa0072572421","provision_kind":"section","provision_number":"20","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":25476,"character_end":25510,"quote":"20. Appointment of administrator.—","quote_sha256":"29a4f1207f8e3c10cc63f5ff52b9d199fc9d46c506d331073f40b2fa510c13a7","reader_fragment":"p-24550-26342-758c862dff2a3b80","reader_url":"/laws/pk-code-af8efa0072572421#p-24550-26342-758c862dff2a3b80","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-24550-26342-758c862dff2a3b80","evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":39395,"character_end":39405,"quote":"section 20","quote_sha256":"4f96386da7ca879e92602b7107da77a1009b1ce68b2b9bb39a2783ea25709222","reader_fragment":"p-38592-40391-372e09e1074a4b5a","reader_url":"/laws/pk-code-af8efa0072572421#p-38592-40391-372e09e1074a4b5a","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2NobJk%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-af8efa0072572421","text_version_id":"law:pk-code-af8efa0072572421:sha256:29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","text_sha256":"29347a05d22bceac13f34a1146b252b2ad597d90a522f43ab2bfb7e6edf8c534","character_start":39225,"character_end":39635,"quote":"d \r\n \r\n(iv)   payment for goods supplied to the debtor in the ordinary course of its   \r\nbusiness; and \r\n \r\n(b)  the fees and expenses awarded to the administrator under section 20. \r\n \r\n(2) Administrative expenses allowed under this section shall have priority  over all other \r\nexpenses and claims. \r\n \r\n33. 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