It has been revealed that 3 thousand 496 financial cases worth 97 billion rupees are pending in the Supreme Court. The Chief Justice of Pakistan has expressed concern over the damage caused to the national exchequer by litigation of tax cases and has also formed a 5-member committee headed by the Registrar Supreme Court for reducing the pending financial cases in the Supreme Court and for justice sector reforms. is
Chief Justice of Pakistan Yahya Afridi chaired an important meeting to reduce the long pending tax cases in Supreme Court Islamabad. The meeting was attended by senior officials of FBR, tax experts and industrialists.
The meeting was attended by Chairman FBR, Attorney General, Secretaries of Law and Finance Division, representatives of Supreme Court Bar Association and officials of Chambers of Commerce. In addition to the overseas investors, in addition to the members of parliament from the government and opposition parties, Salim Mandviwala represented the government and Senator Mohsin Aziz represented the opposition.
The Chief Justice of Pakistan expressed concern over the damage caused to the national exchequer by litigation of tax cases.
According to the statement, Chief Justice Yahya Afridi pointed out the pending financial cases on a large scale in various judicial forums.
The Chief Justice urged the stakeholders to take steps to discourage unnecessary financial litigation in the Supreme Court and discourage the practice of seeking unnecessary injunctions and adjournments in tax cases.
The Chief Justice of Pakistan urged the government and the bar to come together to reduce the increase in tax cases, Chief Justice of Pakistan Yahya Afridi formed a 5-member committee for justice sector reforms of pending financial cases.
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Registrar Supreme Court Muhammad Saleem Khan will be the head of the committee, tax expert Asim Zulfikar, Imtiaz Ahmed Khan and senior FBR representative will be included in the committee, tax expert Sher Shah Khan will be the coordinator of the committee, while Attorney General Mansoor Usman Awan and Secretary Finance will provide support to the committee. will do
The committee will encroach for speedy resolution of the financial cases, the committee will classify the financial cases, the pending financial cases deserve attention for the economic growth of the country.
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**Interview with Chief Justice Yahya Afridi on Pending Financial Cases in the Supreme Court**
**Editor:** Thank you for joining us today, Chief Justice Afridi. We appreciate your time. Recently, it has come to light that there are nearly 3,500 financial cases totaling around 97 billion rupees pending in the Supreme Court. What are your primary concerns regarding these cases?
**Chief Justice Afridi:** Thank you for having me. My primary concern is that the prolonged litigation in tax cases is significantly harming the national exchequer. Each case not only consumes valuable judicial resources but also delays crucial revenue collection that the government relies on for its various functions. It’s imperative that we address these matters swiftly to mitigate the financial strain they cause.
**Editor:** You mentioned the formation of a 5-member committee led by the Registrar Supreme Court aimed at reducing these pending cases. Can you elaborate on its objectives and how it plans to achieve them?
**Chief Justice Afridi:** Absolutely. The committee will focus on streamlining processes, identifying bottlenecks, and proposing reforms that can expedite the resolution of these cases. We aim to simplify the legal framework surrounding tax litigation and improve coordination among relevant authorities, including the Federal Board of Revenue (FBR) and legal entities. The goal is efficient and swift justice.
**Editor:** The recent meeting included representatives from the FBR, tax experts, and members of parliament. What role do you see these stakeholders playing in the reform of the tax litigation process?
**Chief Justice Afridi:** Their involvement is crucial. The FBR will provide insights into the practical challenges it faces, while tax experts bring their understanding of financial law and policy dynamics. Having both government and opposition members present ensures that all voices are heard, fostering a collaborative approach to reform. Ultimately, we want to create a system that is fair, transparent, and beneficial for both taxpayers and the state.
**Editor:** Given the country’s economic challenges, what impact do you hope these reforms will have on Pakistan’s overall financial landscape?
**Chief Justice Afridi:** We hope to restore investor confidence and enhance immediate revenue collection. By addressing the backlog in tax cases, we can help create a more predictable and efficient legal environment, which is crucial for attracting both domestic and foreign investment. A smoother litigation process will also aid in the overall economic recovery and growth of the country.
**Editor:** Thank you, Chief Justice Afridi, for your insights. We look forward to seeing the outcomes of these reforms and their positive impact on Pakistan’s financial system.
**Chief Justice Afridi:** Thank you for having me. I am optimistic about our collective efforts and am committed to upholding justice while promoting economic stability in Pakistan.
