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Recovery through a liquidator

(1) Every person (hereinafter referred to as a liquidator) who is - (a) a liquidator of a company; (b) a receiver appointed by a court or appointed out of court; (c) a trustee for a bankrupt; or (d) a mortgagee in possession, shall, within fourteen days of being appointed and taking possession of an asset in Pakistan, whichever occurs first,...


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