Speaking at the launching ceremony, he said that his party would welcome only those people with an unblemished reputation.
The former Chief Justice of Pakistan, whose tenure was not without controversy, said that his party would work on a 25-point agenda, and would try and tackle public problems related to delivery of basic needs such as health and education and land reforms.
The ceremony was attended by lawyers, civil society activists and others.
Earlier, the ex-CJ had said that he would announce his political party and manifesto on Dec 25.
Justice Chaudhry was appointed 18th chief justice of Pakistan bY then president retired Gen Pervez Musharraf on June 30, 2005. In November 2007, Musharraf suspended Justice Chaudhry and this led to a public movement against the general. It culminated in his reinstatement on March 22, 2009 and he retired on Dec 11, 2013.