Finally, after many decades old legal dispute that was held between India and Pakistan is now being over about 35 million pounds belonging to the Nizam of Hyderabad at the time of Partition in the year 1947 as well as deposited in a London bank account has been reached to a significant stage in the UK High Court.
India won Hyderabad Nizam case
A UK court has terminated the claim of £ 1 million by Pakistan which was deposited in the year 1948 by the government of Hyderabad Nizam with the Pakistan High Commission in London. The present value of the deposited money nowadays is £ 35 million or in Indian Currency is about Rs 306 crore.
The Nizam’s descendants, Prince Mukarram Jah as well as his younger brother Muffakham Jah, have also joined hands with the Indian government in the legal battle that was held against the Pakistan government over the funds lying with NatWest Bank plc in London.
The victory of India must been so much amazing for lawyer Harish Salve, who represented India in both the cases.
The dispute turns around 1,007,940 pounds along with nine shillings that were way back transferred in the year 1948 from the then Nizam of Hyderabad to the high commissioner in Britain of newly-formed Pakistan.
Since then that particular amount has been grown into millions as the Nizam’s ancestors, supported by India, and has claimed that it belongs to them as well as Pakistan on the hand counter-claims that it is rightfully theirs.
When the trial began, Pakistan argued that claim by India on the Hyderabad Nizam’s fund has been timed out. India also countered the argument saying that it was Pakistan which had blocked proceedings in the case. On the other hand, the UK court agreed with India.
Paul Hewitt, who is the partner at Withers law firm also representing the Nizam’s ancestors, in the Royal Courts of Justice in London said, “His Exalted Highness Nizam VIII and his younger brother have waited decades to receive what their grandfather gifted them. Pakistan has blocked access for 70 years and we hope the recent trial will mean a final resolution at last,”
In the conclusion, the UK court has now finally dismissed Pakistan claim on Hyderabad Nizam’s fund as well as recognised the claim of India along with the grandsons of Nizam Mir Osman Ali Khan. The court on the other hand had also left it to the Princes and India in order to divide the money among themselves.
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