Speedy resolution of corporate disputes must for growth: IFC
By Asad Cheema

ISLAMABAD—Law and judiciary have a very crucial role to play in the development and evolution of a society; hence, clear understanding of the principles of corporate governance is a must for judicial officers to discharge their judicial functions effectively in dispute involving corporate governance issues.
Mr. Kaiser Naseem Manager for International Finance Corporation Pakistan’s Corporate Governance Project expressed these views a work on ‘corporate governance’ for trainee Civil Judges-cum- Judicial Magistrates held here at the Federal Judicial Academy on Monday.
At the outset of the importance of the workshop he said that this workshop has been organized keeping in view the recent trends in the field of corporate governance.
“The need of the hour is that the young judicial officers should be made aware of the international best practices in corporate governance to decide the corporate disputes expeditiously and effectively to attract investment in the country” he emphasized.
He said what makes a judiciary strong is a clear and accurate understanding of its goals. If it is seen to pursue justice, the public as well as the investors will have confidence in it therefore time to time due orientation for jurists, judges and other allied person regarding emerging trends and practices in corporate governance disputes and settlements is ‘sine qua non’. Naseem also evinced interest to conduct such workshops across the country in collaboration with the concerned provincial High Courts for High Court judges and district judiciary.
On the occasion Director General of the Academy Moazzam Hayat said this workshop would provide an opportunity to the young judicial officers to familiarize themselves with the issues of corporate governance and to refine their skills on the topic in line with the global judiciary practices.