IBA Karachi’s latest session emphasized the importance of Alternative Dispute Resolution (ADR) for businesses in Pakistan, with Justice Jawad Hassan advocating for arbitration & mediation as faster, cheaper alternatives to litigation.
KARACHI: – The Institute of Business Administration (IBA) Karachi hosted an enlightening session titled “Impact of IBA for Smoothly Handling Commercial Disputes through ADR (Alternative Dispute Resolution)” at its main campus. The event aimed to promote awareness about the growing importance of ADR mechanisms—such as arbitration, mediation, and reconciliation—as faster and more cost-effective alternatives to traditional litigation in Pakistan.
Keynote by Hon’ble Justice Jawad Hassan
The session featured Hon’ble Mr. Justice Jawad Hassan as the guest speaker, who highlighted the efficiency of ADR in Pakistan’s legal landscape. He praised IBA Karachi, Pakistan’s premier business school, for establishing the first ADR Center in the country.
“The high costs and delays in conventional litigation make ADR a necessity for businesses and individuals,” Justice Hassan stated. “Mandatory mediation can help resolve disputes affordably and efficiently.”
He commended Dr. S Akbar Zaidi (Executive Director, IBA) and Mr. Kamran Bilgrami (Director, IBA-CEE) for their leadership in advancing ADR education and practice in Pakistan.
IBA’s Commitment to Legal Literacy & Good Governance
The session reinforced IBA Karachi’s dedication to fostering legal awareness and alternative dispute resolution methods among students, faculty, and professionals. Esteemed attendees included:
- Dr. Abdullah Zafar Sheikh (Dean, IBA School of Business Studies)
- Dr. Hilal Anwar Butt (Chairperson, Department of Finance)
- Dr. Syed Sharjeel Ahmed Hasnie (Chairperson, Department of Accounting & Law)
- Mr. Irfan Qamar (Director HR, IBA)
Why ADR Matters for Businesses in Pakistan
With rising commercial disputes, ADR offers a streamlined, cost-efficient solution compared to lengthy court battles. IBA Karachi’s initiatives aim to equip future business leaders and legal professionals with the skills to navigate disputes effectively.
This session underscores IBA’s role as a leader in business education and legal innovation, ensuring better governance and informed business practices in Pakistan.
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