Section 65: No suit for dividend. No suit for a dividend shall lie against the receiver; but where the

Current legal status not independently verified — Source: Pakistan Code (single official PDF, 2026-08-21). Whether this provision is still in force has not been independently verified.

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1[65. No suit for dividend. No suit for a dividend shall lie against the receiver; but where the receiver refuses to pay any dividend, the Court may, on the application of any creditor who is entered in the schedule, order him to pay it, and also to pay out of his own money interest thereon for the time that it is withheld, and the costs of the application.

Effective date: 1920-01-01

Related sections

Section 64: Final dividend. When the receiver has realised all the property of the insolvent or so much Section 66: Management by and allowance to insolvent Section 63: Right of creditor who has not proved debt before declaration of a dividend. Any Section 67: Right of insolvent to surplus. The insolvent shall be entitled to any surplus remaining Section 62: Calculation of dividends Section 67A: Committee of inspection

Version provincial-insolvency-act-1920~PK-FED~base · Source-traceable official reference. LawHub does not modify the official record.