allow extension thereof as seen fit. Section 27.2 The registrar shall, with the approval of the Minister, have the power to order a dissolution of the fund in any of the following events: (1) the
days, and shall complete the liquidation within one hundred and fifty days from the date of dissolution, except in case of necessity where the registrar may allow extension thereof as seen fit. Section
in general, which would further have an effect on the recovery of the economy of the country. It is therefore expedient to enact the law on special purpose juristic persons for securitization
factors lead to a general and wide impact on the operations and the management of liquidity of financial institutions in general, which would further have an effect on the recovery of the economy of the
factors lead to a general and wide impact on the operations and the management of liquidity of financial institutions in general, which would further have an effect on the recovery of the economy of the
recovery of the trust property under Section 44, Section 45 or Section 46, can be exercised by any individual beneficiary. SECTION 50 Trust property shall not be divided amongst personal creditors of a
, the motion for imposing the trustee to perform duty in accordance with the trust instrument or this Act, the claim of compensation for the trust or the recovery of the trust property under Section 44
instrument or this Act, the claim of compensation for the trust or the recovery of the trust property under Section 44, Section 45 or Section 46, can be exercised by any individual beneficiary. SECTION 50