16
Cognizance of offences
Act: Banking Companies (Control) Act 1948
Section Provisions
Act No Act No. XXII of 1948 Banking Companies (Control) Act. 1948. An Act to Provide for the control of banking companies by the State Bank of Pakistan, Whereas it is expedient to provide for the control of banking companies by the State Bank of Pakistan ; It is hereby enacted as follows : 16. Cognizance of offences.-No Court shall take cognizance of any offence punishable under section 15 except upon a complaint in writing made by an officer of the State Bank generally or specially authorised in writing in this behalf by the State Bank, and no Court inferior to that of a Magistrate of the first class shall try any such offence.