LAW Department
LAW Department
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SUMMON the Provincial Assembly of Sindh to meet on Monday the 13th day of August, 2018 at 3.00 pm at the Sindh Assembly of Building, Karachi   *   

Department / Wings

OFFICE OF THE OFFICIAL ASSIGNEE

The post of the Official Assignee is created under the Act known as the Insolvency (Karachi Division) Act and operates within the limits of Karachi. Under this Act, the Administration of Insolvency Jurisdiction within the limits of the Karachi is to be exercised by the Official Assignee under the Superintendence of the High Court. It is the duty of the Official Assignee to investigate the cases of every person or the firm who/which is adjudicated insolvent in order to find out the causes of insolvency, the property, if any, which insolvent owns, the property, if any,which the insolvent may have transferred by sale, mortgage etc. prior to the insolvency and the reasons for such transfer and if the transfer appears to bebogus or mala fide, to take appropriate steps to have the said transfer set aside so that the property may be available for satisfying the claims of the Insolvent’s creditors, to examine the insolvent’s account books, if any, so as to find out if there has been any leakage of assets and if the books have been properly maintained, to recover the property of the insolvent, which may consist on the actionable claims such as debts due to insolvents, to invite creditors to file their claims and to examine such claims when filed, to distribute the assets of the insolvent amongst creditors, and to finally report to the Court on the entire case when an insolvent applies to be discharged as insolvent.

LIST OF TELEPHONE NUMBERS OF THE OFFICERS OF OFFICE OF THE OFFICIAL ASSIGNEE

NAME OF OFFICERSDESIGNATIONOFFICEMOBILE
Dr. Waseem IqbalOfficial Assignee021-99203129-