What options do I have for restructuring a debt-laden business in Pakistan without triggering liquidation?

Options available for Business:
1. Corporate/Financial Restructuring
2. Formal Insolvency Proceedings

Immediate Steps:
(a) Internal Financial Review
(b) Appoint a Professional Restructuring Advisor
(c) Classify Debts

Debt Restructuring Options:
(a) Loan Rescheduling with Banks
(b) Supplier Extension Agreements
(c) Equity Infusion / New Financing

Formal Legal Mechanisms:
(a) Scheme of Arrangement / Compromise
(b) Informal Rehabilitation Framework

Timelines and Costs:
(a) Informal Restructuring (Negotiations)
(b) Scheme of Arrangement (Court)

Protecting Employees & Suppliers
Statutory and Regulatory Compliance
Best Strategic Recommendation