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The Punjab Relief of Indebtedness Ordinance, 1960

The Punjab Relief of Indebtedness Ordinance, 1960 Law in Pakistan.

The Punjab Relief of Indebtedness Ordinance, 1960, is a legal ordinance in Pakistan, specifically relevant to the Punjab province. This ordinance is aimed at addressing the issue of indebtedness, particularly among farmers and agricultural workers who often face financial hardships. It provides a legal framework for the relief of indebted individuals by outlining mechanisms for debt restructuring and alleviation. The ordinance empowers authorities to assess and reorganize debts, protecting debtors from unfair practices and ensuring a fair and equitable settlement of their financial obligations.

The Punjab Relief of Indebtedness Ordinance, 1960 in PDF Format, Link Below:-

 

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