KAUSAR RANA RESOURCES (PRIVATE) LIMITED vs QATAR LUBRICANTS COMPANY W — 2025 CLD 507 SUPREME-COURT

Case information

Citation: 2025 CLD 507 SUPREME-COURT
Court: Supreme Court of Pakistan
Year: 2025
Reporter: CLD
Parties: KAUSAR RANA RESOURCES (PRIVATE) LIMITED vs QATAR LUBRICANTS COMPANY W

Fields are extracted from the reported citation and judgment text. Where a detail is not stated in the record, it is not shown.

Judgment text as reported

KAUSAR RANA RESOURCES (PRIVATE) LIMITED VS QATAR LUBRICANTS COMPANY W.L.L. (QALCO) Economic benefits---Scope---Significant economic benefits of arbitration are cost-effective, efficient and confidential means of resolving disputes---Arbitration alleviates burden on national Courts, enhances business productivity and provides faster resolution process, thereby minimizing disruptions to businesses---Ability to enforce international arbitration awards strengthens trade and commerce, while arbitration's stable and predictable dispute resolution mechanism promotes investor confidence, making the country an attractive destination for foreign investment---Such factors collectively foster a favourable business environment, drive economic growth and enhance country's competitiveness on the global stage.

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