Royal Courts of Justice in London noted: “Nizam VII was beneficially entitled to the fund and those claiming in right of Nizam VII — the Princes and India — are entitled to have the sum paid out to their order.”
The British High Court on Wednesday ruled on a drawn-out battle for funds amounting to £35 million by issuing a judgement in favour of the Nizam of Hyderabad and against Pakistan, who had claimed the funds that have been lying untouched in a London bank account for 70 years.
It is seen here that court claims in the favor of India. On Wednesday, it culminated in defeat for Pakistan as the court ruled in favour of the Nizam’s descendants — Prince Mukarram Jah, the titular eighth Nizam of Hyderabad, and his younger brother Muffakham Jah. Last year, the two princes joined hands with the Indian government in the legal battle against the government of Pakistan over the funds sitting in a Natwest account here.