The World Bank’s Doing Business Report ranked Pakistan at 156 out of 190 economies on the ‘enforcing contracts’ indicator, based on the cost and quality of judicial processes, and.
Commercial courts assured
April 18, 2021
LAHORE: Punjab Governor Chaudhry Muhammad Sarwar has said that reforms like establishment of commercial courts are a few of the many, which the government is committed to deliver in line with its vision, a statement said on Saturday.
Talking to a delegation of the Lahore Chamber of Commerce and Industry (LCCI), led by its President Mian Tariq Misbah, at the Governor’s House Lahore, Sarwar said that the measures taken by the government in collaboration with the Lahore High Court is a giant leap towards making the business environment conducive for trade and economic activities.
This initiative will guarantee and ensure that the investment of the business community in Punjab is secured, he said, adding that the Commercial Court Ordinance, 2021 will ensure expeditious disposal of claims arising out from commercial transactions by introducing timeframe for decision of suits, e-filing of pleadings and limited number of adjournments.
Punjab governor stresses business reforms
Punjab governor assures businessmen of commitment to making environment conducive for business activities
LAHORE:
Punjab Governor Chaudhry Muhammad Sarwar has said that reforms like establishment of commercial courts are few of the many which the government is committed to deliver in line with its vision.
Talking to a delegation of the Lahore Chamber of Commerce and Industry (LCCI), he said that the measures taken by the government in collaboration with the Lahore High Court are a giant leap towards making the business environment conducive for trade and economic activities. He said that this initiative will guarantee and ensure that investment of the business community in Punjab is secure.