STOCK MARKET BSE NSE

Pakistan plans action after its claim on Hyderabad Nizam's fund rejected

Earlier, the UK High Court ruled in favour of India in the 70-year-old legal dispute involving 35 million pounds that belonged to the erstwhile Nizam of Hyderabad.

Published: 02nd October 2019 08:39 PM  |   Last Updated: 02nd October 2019 10:31 PM   |  A+A-

Nizam VII Mir Osman Ali Khan

Nizam VII Mir Osman Ali Khan (Photo | Facebook, HEHNIZAM)

By IANS

ISLAMABAD: Pakistan said on Wednesday that it is closely examining all aspects of the UK High Court's judgment rejecting its claims over 35 million pounds that belonged to the Nizam of Hyderabad during his state's merger with India.

In a statement, the Pakistan Foreign Office said it will take further action in the light of legal advice received.

Pakistan said it has taken note of the judgment by the High Courts of Justice of the UK in the Hyderabad Fund Case, after a two weeks trial in June 2019.

It said the "judgment rejects the longstanding claims of the two major parties and upholds the claims of the heirs of Nizam of Hyderabad".

"The ruling does not take into account the historical context of the transfer when India illegally annexed Hyderabad in violation of International Law and all civilized norms, leading the Nizam of Hyderabad to make desperate efforts to defend his people and the state from Indian invasion," it said.

"The Nizam also raised the matter with the UN Security Council where the issue remains on the agenda to date. The Nizam as a sovereign approached Pakistan for assistance which the Government of Pakistan provided."

"Pakistan is closely examining all aspects of the detailed judgment and will take further action in light of legal advice received," the Foreign Office said.

Earlier, the UK High Court ruled in favour of India in the 70-year-old legal dispute involving 35 million pounds that belonged to the erstwhile Nizam of Hyderabad and was kept in London's National Westminster Bank.

The fund was being held in the account of the then High Commissioner of Pakistan to the UK, Habib Rahimtoola since September 1948.

Stay up to date on all the latest World news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp