Section 12: Administration Committee — Corporate Industrial Restructuring Corporation Ordinance, 2000

Expired / historical — retained for reference — 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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12. Administration Committee.—(1) The Administration Committee shall consist of the Chief Executive and four other members of the Corporation to be appointed from the fields of banking, law, finance, engineering, management or accountancy. (2) The minutes of every meeting of the Administration Committee shall be laid before the Board at its meeting next following the meeting of the Administration Committee. (3) Subject to the superintendence, direction and control of the Board, the Administration Committee may deal with any matter within the competence of the Board and may exercise such powers and perform such functions as may be assigned to it by the Board.

Effective date: 2000-01-01

Related sections

Section 11: Guidelines for Corporation and the Governor State Bank Section 13: Members, officers and servants of the Corporation Section 10: Verification Committees Section 14: Meeting of the Board and the Administration Committee Section 9: Committees Section 15: Qualifications and disqualifications of directors

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