Chief Justice of Pakistan Gulzar Ahmad inaugurated the country’s first commercial court here at Lahore Judicial Complex on Saturday.
Commercial courts are crucial for progress of the country’s economy, said the chief justice in his address. He stated the establishment of the primary commercial court in Punjab was a revolutionary step for which he congratulated Lahore High Court Chief Justice Muhammad Qasim Khan. He mentioned the cases referring to companies wanted to be determined directly as they’d an oblique impact on the financial system.
The provincial authorities following a process of consultation with the LHC promulgated the Punjab Commercial Courts Ordinance of 2021 under ease-of-doing business reform framework to establish the commercial courts.
Later, speaking at a launch ceremony of “Citators of Civil & Criminal Law,” CJP Ahmad said the progress of a society was linked to the implementation of the law. He said it was a matter of pride that the courts continued to work during the Covid-19 pandemic.