An agreement between Sui Southern Gas Company (SSGC) and Musaliha International Center for Arbitration and Dispute Resolution (MICADR) was inked on Friday enabling the gas company to avail of alternative dispute resolution services, reported the 24NewsHD TV channel.
The signing ceremony was held at the MICADR / Legal Aid Society Office in Finance and Trade Centre (FTC), Karachi.
As per the agreement, MICADR will offer its mediation, arbitration, and other alternative dispute resolution services to SSGC in order to help resolve complex disputes in a timely and cost-effective manner, resulting in amicable settlements for disputing parties. In addition, the agreement also allows SSGC to avail of Mediation Advocacy training services for its staff.
MICADR is Pakistan’s first private Alternate Dispute Resolution center that has been recognized and notified by the Federal Government as well as the Sindh High Court. MICADR provides state-of-the-art mediation, arbitration, and negotiation services for individuals and entities in line with global standards through its panel of internationally and nationally accredited Mediators and notable Arbitrators.
The delegation of SSGC included the Managing Director Imran Maniar, Deputy Director Amin Rajput, and Head of Legal, Faisal Khan.
Justice(R) Khilji Arif Hussain, Managing Director MICADR, informed the guests that cost-effective litigation and the promotion of Alternative Dispute Resolution mechanisms such as mediation are critical in order to create an investor-friendly climate in Pakistan.
Speaking to the occasion, Managing Director SSGC Imran Maniar highlighted the importance of mediation services for SSGC which will ultimately be helpful to ensure timely and cost-effective resolution of disputes. He highlighted the growing trend of commercial mediation across the world and how the corporate sector in Pakistan has much to gain from the development of a robust ADR ecosystem in Pakistan.
Shahzar Ilahi, Associate Director MICADR informed the SSGC delegation about the efforts being done by the Legal Aid Society and MICADR to develop an ADR ecosystem across the country, and how SSGC’s inclusion in this ecosystem is monumental for the development of ADR in the country. Sarah Rasheed, Senior Manager MICADR, informed the delegation that MICADR currently has a success rate of 96% for all mediation services provided so far.
Mediation has been provided legal cover in Pakistan as per provincial Alternative Dispute Resolution laws since 2017 and settlement agreements resulting from mediations conducted by court or government-recognized accredited mediators and mediation centers can be submitted in courts to be made Orders of Court. As per these laws, the maximum time allotted for mediation is 45 days and the proceedings during a mediation are strictly confidential.