Chief Justice Lahore High Court Justice Syed Mansoor Ali Shah here on Saturday said that 'stay culture' needed to be discouraged, as it was hitting the economy hard.
Emphasizing the need for collaboration between judiciary and private sector, Shah, while speaking at the Lahore Chamber of Commerce & Industry said, "Nobody else could understand the value of time and money better than the business community. Hence, business disputes should be resolved instead of wasting time."
Chief Justice said. "We have to find out new ways for dispute resolution, to save precious time and money. The concept of mediation is being promoted rapidly and the Lahore Chamber has taken an important initiative by setting up Mediation Center.".
He invited the Lahore Chamber to form a focal committee that should be integrated with the system of Lahore High Court through information technology. He informed the LCCI members that for the first time, an Alternate Dispute Resolution Center is being established in the district courts in collaboration with the World Bank that would be inaugurated soon. Punjab Judicial Academy is ready to extend cooperation to the Lahore Chamber for conducting courses regarding mediation, he added.
He said that contractual issues should be resolved through mediation. "Concept of neutral evaluation and pre-litigation assessment is gaining grounds throughout the world. It would be better if businessmen first come to the LCCI Mediation Center for pre-litigation assessment."
The LCCI President Abdul Basit said on the occasion that no country could achieve the goal of economic development without rule of law. He said the Lahore Chamber has established the Mediation Center for out-of-court resolution of business disputes. He thanked Chief Justice Lahore High Court for patronizing the LCCI Mediation Center saying that support of Judiciary would make this Center more effective. He said that legal powers would help LCCI Mediation Center to resolve the business disputes at early stages that would certainly reduce the burden of courts.
Comments
Comments are closed for this article.