Section 16: Discretionary powers as to appointment of interim receiver. The Court may, if it is — Insolvancy (Karachi Division) Act, 1909

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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16. Discretionary powers as to appointment of interim receiver. The Court may, if it is shown to be necessary for the protection of the estate, at any time after the presentation of an insolvency petition and before an order of adjudication is made, appoint the official assignee to be interim receiver of the property of the debtor, or of any part thereof, and direct him to take immediate possession thereof or any part thereof, and the official assignee shall the reupon have such of the powers conferrable on a receiver appointed under the Code of Civil Procedure, 1908 (V of 1908), as may be prescribed.

Effective date: 1909-01-01

Related sections

Section 15: Proceedings and order on debtor’s petition Section 17: Effect of order of adjudication. On the making of an order of adjudication, the property Section 14: Conditions on which debtor may petition Section 18: Stay of proceedings Section 13: Proceedings and order on creditor’s petition Section 18A: Control over insolvency proceedings in subordinate Court. (1) The Court may, at

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