Peril for Altaf as MQM-P intitiates correct claim for 7 London properties
In a basic, the Muttahida Quami Chase-Pakistan (MQM-P) has initiated correct claims against occasion founder, Altaf Hussain, brother and 5 varied friends, for the ownership of seven costly properties in London.
The Recordsdata has viewed proof of the staunch claim initiated this week by the MQM-P thru a London law firm Legis Chambers for the possession of seven high web page properties valued at over £10 million. The law firm has started the case on behalf of its consumer 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Here is the basic time that the MQM-Pakistan has taken up an instantaneous jabber to its outdated founder and his friends since the occasion broke up after the Altaf’s unsuitable August 16 speech. The MQM-Pakistan has launched the claim in its ability because the beneficiary of the trusts that holds the seven London properties.
The correct claim by the MQM-P has the next defendants answerable to the Pakistani chapter: Altaf Hussain of Abbey Peek; Iqbal Hussain of Alternate Boulevard, Glendale Heights, Illinois, Tariq Mir of West London, Muhammad Anwar of Edgware, Iftikhar Hussain of High Peek, Gardens Edgware, Qasim Raza of Cowper Gardens, and Euro Property Traits of Highview Gardens, Edgware.
The MQM-P’s court docket claim is excited by the next seven properties that are have faith resources: Abbey Peek rental; High Peek Gardens first rental, High Peek Gardens second rental, Whitchurch Lane first rental, Whitchurch Lane second rental, Brookfield Avenue rental and the MQM 1st Ground Elizabeth House place of work.
Barrister Nazar Mohammad of Legis Chambers suggested Geo and The Recordsdata: “The explanation for the claim is to form declaratory reduction from the High Court docket as to have faith resources that are held by the Defendants as trustees for the advantage of the MQM-P. Besides to the declarations of trusts, there are varied sworn court docket documents which ascertain and attest that the have faith resources belong to the MQM. There are certain have faith documents disclosed for the period of the court docket file lodged at Court docket and served on the actual person Defendants.”
The court docket claim informs the defendants “the Muttahida Quami Chase Pakistan (MQM-P) is an unincorporated association registered as a political occasion in Pakistan”.
It maintains that MQM Pakistan is “the beneficiary of bare trusts and or ensuing/ constructive trusts”.
The claimant (MQM-P) seeks declaratory reduction that the seven properties are have faith resources and has requested the court docket for “proprietary injunction to pause the Defendants going thru and misappropriating have faith funds and resources (iv) memoir and tracing of have faith resources (v) memoir for rental profits and varied profits generated from the trusts resources (vi) transfer of property to nominated trustees and or show available on the market.
The MQM-P has requested Altaf Hussain and others to memoir for “employ and occupation rent against all Defendants” and “the Defendants to be made jointly and severally in fee of charges”.
The MQM-Pakistan has acknowledged in the court docket papers that every and every body Defendants settle for that “they are trustees for the MQM” whereas Euro Property firm is a “automobile for keen receipt of have faith funds and or concealing have faith funds for the Defendants, and is or might maybe maybe be constructive trustee”.
The Claimant contends that the Fifth and Sixth Defendants (Iftikhar Hussain and Qasim Raza) are dishonest assisters and or constructive trustees.
MQM’s outdated senior leaders Muhammad Anwar and Tariq Mir have already suggested Altaf Hussain that they’ll not hand over the control of the 2 Whitchurch Lane properties.