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{
    "id": 971854,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/971854/?format=api",
    "text_counter": 270,
    "type": "speech",
    "speaker_name": "Garissa Township, JP",
    "speaker_title": "Hon. Aden Duale",
    "speaker": {
        "id": 15,
        "legal_name": "Aden Bare Duale",
        "slug": "aden-duale"
    },
    "content": "This is on the Insolvency Act. The reasons behind this are that the law provides for an automatic stay on the enforcement when a debtor enters into a court-supervised re-organisation procedure in order to protect secured creditors’ rights. There is need to provide clear grounds for relief from the stay in case if there is one, while setting a time limit for it. The proposed amendment seeks to ensure that the grounds are clear and broad enough in size to cover all the justifiable reasons for relief from stay as per the international best practice within the insolvency law."
}