Inconvenience for Altaf as MQM-P intitiates upright bid for 7 London properties
In a first, the Muttahida Quami Movement-Pakistan (MQM-P) has initiated upright claims against birthday party founder, Altaf Hussain, brother and five other pals, for the ownership of seven pricey properties in London.
The Information has considered evidence of the upright bid initiated this week by the MQM-P thru a London law company Legis Chambers for the possession of seven prime direct properties valued at over £10 million. The law company has began the case on behalf of its client Syed Aminul Haque, the MNA from NA251 Karachi who is a Federal Minister and additionally a member of the MQM-Pakistan’s Rabita Committee.
Here’s the first time that the MQM-Pakistan has taken up an instantaneous discipline to its extinct founder and his pals since the birthday party broke up after the Altaf’s heart-broken August 16 speech. The MQM-Pakistan has launched the bid in its capacity because the beneficiary of the trusts that holds the seven London properties.
The upright bid by the MQM-P has the following defendants answerable to the Pakistani chapter: Altaf Hussain of Abbey Realizing; Iqbal Hussain of Replace Boulevard, Glendale Heights, Illinois, Tariq Mir of West London, Muhammad Anwar of Edgware, Iftikhar Hussain of High Realizing, Gardens Edgware, Qasim Raza of Cowper Gardens, and Euro Property Trends of Highview Gardens, Edgware.
The MQM-P’s court bid is fascinated about the following seven properties which would be believe resources: Abbey Realizing home; High Realizing Gardens first home, High Realizing Gardens second home, Whitchurch Lane first home, Whitchurch Lane second home, Brookfield Avenue home and the MQM 1st Ground Elizabeth Home space of enterprise.
Barrister Nazar Mohammad of Legis Chambers urged Geo and The Information: “The cause of the bid is to comprise declaratory relief from the High Court docket as to believe resources which would be held by the Defendants as trustees for the coolest thing about the MQM-P. To boot to to the declarations of trusts, there are other sworn court documents which confirm and attest that the believe resources belong to the MQM. There are explicit believe documents disclosed within the court file lodged at Court docket and served on the particular particular person Defendants.”
The court bid informs the defendants “the Muttahida Quami Movement Pakistan (MQM-P) is an unincorporated affiliation registered as a political birthday party in Pakistan”.
It maintains that MQM Pakistan is “the beneficiary of bare trusts and or ensuing/ positive trusts”.
The claimant (MQM-P) seeks declaratory relief that the seven properties are believe resources and has requested the court for “proprietary injunction to live the Defendants dealing with and misappropriating believe funds and resources (iv) account and tracing of believe resources (v) account for condo income and other income generated from the trusts resources (vi) switch of property to nominated trustees and or expose within the marketplace.
The MQM-P has requested Altaf Hussain and others to account for “exhaust and occupation rent against all Defendants” and “the Defendants to be made jointly and severally accountable for charges”.
The MQM-Pakistan has acknowledged within the court papers that every particular person Defendants win that “they are trustees for the MQM” while Euro Property company is a “car for sharp receipt of believe funds and or concealing believe funds for the Defendants, and is or would be positive trustee”.
The Claimant contends that the Fifth and Sixth Defendants (Iftikhar Hussain and Qasim Raza) are dishonest assisters and or positive trustees.
MQM’s extinct senior leaders Muhammad Anwar and Tariq Mir get already urged Altaf Hussain that they’re going to no longer hand over the control of the 2 Whitchurch Lane properties.