Section 1: Short title, extent and commencement — Pakistan Banking (Prevention of Default and Evasion of labilities) Ordinance, 1947

Current legal status not independently verified — Source: Pakistan Code (single official PDF, 2026-08-21). Whether this provision is still in force has not been independently verified.

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1. Short title, extent and commencement.___(1) This Ordinance may be called the Pakistan Banking (Prevention of Default and Evasion of Liabilities) Ordinance, 1947. 2[(2) It extends to the whole of Pakistan.] (3) It shall come into force at once.

Effective date: 1947-01-01

Related sections

Section 2: Definitions. In this Ordinance Section 3: No Bank to Stop payment of cheques or delivery of deposits under instructions from Section 4: Procedure for demanding explanations and search Section 5: Order to prohibit removal of assets outside Pakistan. While ordering a Bank to furnish a Section 6: Seizure of assets Section 7: Service of Orders under Section 4, 5 or 6. An order under Sections 4, 5 or 6 may be served

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