Lawstreet Journal

Delhi High Court Refuses To Hear Plea For Recovery Of ₹1 Trillion Debt Allegedly Owed By Pakistan To India

Lawstreet Journal 22 Mar 2022 8:40pm

Image courtesy: Lawstreet Journal Judiciary Delhi High Court Refuses To Hear Plea For Recovery Of ₹1 Trillion Debt Allegedly Owed By Pakistan To India

A petition seeking the collection of a $1 trillion debt supposedly owed by Pakistan to India was dismissed by the Delhi High Court. The bench of Acting Chief Justice Vipin Sanghi and Justice Navin Chawla refused to intervene in the case, claiming that the plea involved matters of government policy.

Om Sehgal, a party in person, presented many papers to support his claim that India owes Pakistan roughly 300 crores in 'Pre-partition Debt.' He said that the total amount to be reimbursed, including interest, currently exceeds 1 trillion rupees.

Pakistan, on the other hand, is said to have not paid a single loan or interest instalment in any of the preceding 75 years. Despite this, India has not declared the loan to be non-performing.

As a result, he requested that the Ministry of Home Affairs and the Ministry of Finance take prompt action to reclaim the funds that were allegedly used to "attack India."

"Pakistan is committing subversive activities in India, especially in Kashmir. This all is being done with money that belongs to India. That this realization of (our own) money, shall limit the resources of Pakistan and its terror brigade, to harm innocent people of India," Sehgal argued.

It was also maintained that it is the responsibility of the Indian government to recover the loan amount from Pakistan, with normal interest and penal interest, as applicable to any bona fide Indian and in accordance with State Bank of India/Reserve Bank of India banking rules and norms.

"There are over 100 pages including papers… Continue Reading...

Tagged: Pakistan   Delhi High Court  
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