Islamabad: The Law and Justice Commission of Pakistan (LJCP), chaired by the Hon’ble Chief Justice of Pakistan, approved a new Alternative Dispute Resolution (ADR) framework for banking disputes at its 48th meeting, aiming to expedite and amicably resolve such conflicts. The meeting, held at the Supreme Court of Pakistan, also reviewed progress on several key law reform initiatives.

According to Press Information Department, the commission’s approval involves the introduction of Section 10A in the Financial Institutions (Recovery of Finances) Ordinance, 2001, which will establish ADR Committees composed of experts in law, banking, and commerce. This move is expected to facilitate negotiated settlements and reduce litigation, thereby promoting the timely recovery of funds.

The meeting, attended by chief justices of various high courts, senior advocates, and representatives from relevant ministries, also discussed ongoing reforms in the Code of Criminal Procedure, family laws, and procedural rules for e-filing. Draft amendments for these areas have been prepared and will be circulated for member feedback.

The commission examined proposals to amend the Insolvency Act, 1920, and the Code of Civil Procedure, 1908, to better align with current economic and social needs. These proposals aim to enhance access to justice, particularly for economically disadvantaged individuals.

The Hon’ble Chief Justice emphasized the importance of legislative reform and modern technology to enhance judicial efficiency and reduce court delays, reaffirming the commission’s commitment to a more responsive and accessible justice system.