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๐—ง๐—›๐—˜ ๐—œ๐—ก๐—ฆ๐—ข๐—Ÿ๐—ฉ๐—˜๐—ก๐—–๐—ฌ ๐—Ÿ๐—”๐—ก๐——๐—ฆ๐—–๐—”๐—ฃ๐—˜ ๐—œ๐—ก ๐—ญ๐—”๐— ๐—•๐—œ๐—”
๐—ง๐—›๐—˜ ๐—œ๐—ก๐—ฆ๐—ข๐—Ÿ๐—ฉ๐—˜๐—ก๐—–๐—ฌ ๐—Ÿ๐—”๐—ก๐——๐—ฆ๐—–๐—”๐—ฃ๐—˜ ๐—œ๐—ก ๐—ญ๐—”๐— ๐—•๐—œ๐—”
๐—ง๐—›๐—˜ ๐—œ๐—ก๐—ฆ๐—ข๐—Ÿ๐—ฉ๐—˜๐—ก๐—–๐—ฌ ๐—Ÿ๐—”๐—ก๐——๐—ฆ๐—–๐—”๐—ฃ๐—˜ ๐—œ๐—ก ๐—ญ๐—”๐— ๐—•๐—œ๐—”

๐—ง๐—›๐—˜ ๐—œ๐—ก๐—ฆ๐—ข๐—Ÿ๐—ฉ๐—˜๐—ก๐—–๐—ฌ ๐—Ÿ๐—”๐—ก๐——๐—ฆ๐—–๐—”๐—ฃ๐—˜ ๐—œ๐—ก ๐—ญ๐—”๐— ๐—•๐—œ๐—”

The Corporate Insolvency Act No. 9 of 2017 (โ€œthe Actโ€) is Zambiaโ€™s first stand-alone insolvency legislation. It establishes a regulatory scheme for insolvency practitioners who are required to be licensed by the Patents and Companies Registration Agency (PACRA). The Act provides for various insolvency procedures, such as administration, receivership, liquidation, and schemes of arrangement. It is โ€œAn Act to provide for corporate receiverships, appointment of receivers and the duties and resโ€ฆ

7 JUNE 2025 : 12:53AM

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