Lahore Chamber of Commerce and Industry is a body rendering indefatigable and unfaltering support to the flourishing of business activity in the country, moreover offers its services for auxiliary support to businessmen and traders. The setting up of the Dispute Resolution Center within its premises is one out of the many modes of support which it puts forward for the ease of business community within and out of Pakistan. Lahore Chamber has set up LCCI Dispute Resolution Centre for business dispute resolution via mediation with the collaboration of International Finance Corporation (IFC). The fundamental purpose of this mediation centre is to help local and foreign companies to resolve their business/commercial discrepancies/differences out of court without getting involved in any litigation.
LCCI Dispute Resolution Centre being an internationally recognized body has on its panel more than two dozen CEDR (a UK based mediation company) trained mediators, thus imparting a confident message to local and foreign traders as a pledge of security in any precarious situation.
Pakistan’s legal system is over burdened with many cases already hanging around for decision; therefore taking these disputes to courts will only increase the predicament of longer wait time for the decision seekers.
Consequently, LCCI Dispute Resolution Centre is the most uncomplicated elucidation for handling all the conundrums of disputes amongst the business community.
Keeping in view the concept, “time is money” we proffer the mediation services to our business community for a judicial, discreet and unobtrusive settlement of their disputes. Rather than coercing and compelling either group to knock the doors of the courts that are already engulfed with unsettled disputes, we believe in a dispassionate settlement between two parties which results in neither disparagement nor vilification of either one.
Engr.Sohail Lashari