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Hyderabad Funds case: UK court tells Pakistan to pay India £1,50,000

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prasad1

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In a setback to Pakistan, a court in United Kingdom directed it to pay 1,50,000 pounds to India as legal fees in the 67-year-old Hyderabad Funds case involving the Nizam's money while terming Pakistan's behaviour as "unreasonable".

Holding that Pakistan has no "sovereign immunity" in the case, the judge ordered the Pakistan high commissioner here to pay the legal costs incurred by the other respondents in the case relating to the 'Hyderabad Funds' which is currently valued at 35 million pounds.

However, stuck in a legal battle with no hope of a resolution since 1960, the Indian cabinet had approved efforts to pursue an out-of-court settlement with Pakistan and Nizam's heirs to recover the funds. The cabinet had also given its approval to the negotiating strategy in the matter.

With no state immunity for Pakistan over the funds, India has once again got the chance to get the money through the legal process.

According to the Indian government, the ruling of the British High Court of Justice or the English High Court means that the dispute over the ownership of funds can now once again be decided through the legal route, without Islamabad being able to block such proceedings by invoking its immunity.

Hyderabad Funds case: UK court tells Pakistan to pay India £1,50,000 - The Times of India
 
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