Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
forced respite
A respite in which some of the creditors are compelled by a court to give the same extension of time that the other creditors have agreed to.
respite
n. 1. A period of temporary delay; an extension of time. 2. A temporary suspension of a death sentence; a reprieve. 3. A delay granted to a jury or court for further consideration of a verdict or appeal. 4. Civil law. An agreement between a debtor and several creditors for an extension of time to repay the various debts. - respite, vb.
voluntary respite
A respite in which all the creditors agree to the debtor's proposal for an extension of time.