Lahore Chamber Mediation Centre successfully conducts mediation of a case worth US $125,000

Lahore, May 12, 2014 (PPI-OT): The LCCI Mediation Centre continues to write success stories by resolving various business disputes involving huge foreign exchange. Once again, the Lahore Chamber Mediation Center successfully conducted the mediation of a case worth US $ 125,000.

It is indeed another feather in the cap of the Mediation Center of LCCI. This is the 7th case which this prestigious center has resolved within a short span of less than a years’ time since it has started its operations. The case involved a local party who had imported machines from China.

The sample shown was of high quality but the actual supply of the machinery was of low and faulty quality which faltered off from the very start of its usage. The complainant, a local party had contacted the LCCI Mediation Center for the out of court settlement of the case.

Untiring efforts had been carried out by the team of the center under the guidance of President of the Lahore Chamber Engineer Sohail Lashari who happens to be an accredited mediator himself and a master trainer as well.

To add to the reader’s information, the very creation of the Mediation Center at the Lahore Chamber is actually the brain child of President Lashari himself even before he took charge as LCCI President. His farsightedness and vision had seen how valuable and beneficial this center would be for the interest of the business community.

How crucial it can prove to be for the businessmen to solve their disputes and disagreements on the honourable forum of the Lahore Chamber rather than wasting their precious time and resources on litigation.

The solution of this particular case had been an uphill task for the center. Chambers of the concerned Chinese province had been contacted, embassies had been written to and the Chinese respondent had been taken into confidence.

Fortunately, persistent efforts of the team reaped positive results and out of court settlement of the dispute took place on the agreeing note of refunding US $ 125,000 to the complainant by the Chinese party.

For more information, contact:
Shahid Khalil
Information Department
Lahore Chamber of Commerce and Industry (LCCI)
11-Shahrah-e-Aiwan-e-Tijarat,
Lahore -54000, Pakistan
Tel: +9242 111 222 499
Fax: +92 42 636 8854

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