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Draft Corporate Rehabilitation Act Proposed
  • Pakistan
  • 01 May 2009

The Securities and Exchange Commission is consulting on the draft Corporate Rehabilitation Act 2004. The draft act aims to provide a mechanism for the revival and rehabilitation of insolvent companies, improving corporate governance and debt recovery, achieving a better balance between creditor and debtor rights and helping to prevent unnecessary corporate failures.

Vellani & Vellani
Vellani & Vellani