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BVI High Court recalls its order, unfreezes PIA offshore assets in Reko Diq case

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ISLAMABAD, May 25 (APP): High Court of Justice in the British Virgin Islands (BVI) recalled its earlier order of freezing and attachment of Pakistan International Airlines (PIA) offshore assets which pertained to an appeal of Tethyan Copper Company (TCC) regarding enforcement of the award in the Reko Diq case.

The development was confirmed by the Attorney General for Pakistan office on Tuesday which through a text message apprised the media persons about the latest outcome in favour of Pakistan.

The message said “A short while ago judgment was announced by British Virgin Island High Court. Great legal victory for PIA and Pakistan. The order was passed earlier on the request of TCC which was seeking enforcement of Reko Diq award. All orders passed against PIA earlier are now recalled by the Court. Receiver removed from Roosevelt hotel, NY and Scribe hotel, Paris. Cost of litigation also awarded.”

PIA on its official twitter account posted, “Justice prevails! By the grace of Allah and with the prayers of all our countrymen, courts in BVI decide in favour of PIA, releasing all hard earned assets i.e., Roosevelt NYC & Scribe Paris. Great victory for PIA and Pakistan.”

According to details, BVI High Court Justice Gerhard Wallbank, on December 10 last year, had issued an order in favour of attachment of offshore assets of PIA. The case was moved by the Tethyan Copper Company (TCC) which was seeking enforcement of Reko Diq award granted by the International Centre for Settlement of Investment Disputes (ICSID) on July 12, 2019.

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Pakistan

Aik Qaum, Aik Sath | Pakistan Zindabad | Pakistan Day Song | 23rd March 2024 | AIKQAUM.COM

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Nation celebrates Pakistan Day today with traditional zeal

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The nation celebrates Pakistan Day on Sunday with a renewed pledge to transform the country into a true Islamic and welfare state in line with the vision of Quaid-e-Azam Muhammad Ali Jinnah.

The day is observed to commemorate the historic Lahore Resolution passed on 23rd March in 1940, under which Muslims of the Sub-continent set the agenda of a separate homeland for themselves.

The day dawned with thirty-one-gun salute in the federal capital and twenty-one-gun salute in provincial capitals.

Special prayers were offered in mosques after Fajr prayers for progress and prosperity of the country.

The special feature of the day will be Pakistan Day Military Parade in Islamabad on a limited scale at Aiwan-e-Sadr due to the month of Ramadan.

President Asif Ali Zardari will be the chief guest on the occasion.

Contingents from all the three armed forces will actively participate in the Parade.

Fighter jets from Pakistan Air Force will conduct a flypast.

Radio Pakistan and PTV are broadcasting special programmes to highlight the significance of the day and pay tribute to the leaders and workers of Pakistan Movement.

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Pakistan Day: A Reminiscence of the Heroic Struggle of Muslims of the Subcontinent

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Pakistan Day, observed annually on March 23rd, holds a place of immense significance in the history of Pakistan. It marks the passing of the Lahore Resolution in 1940, which laid the foundation for the creation of an independent state for Muslims of the Indian subcontinent. This historic day serves as a reminder of the heroic struggle, sacrifices, and unwavering resolve of the Muslims who aspired for a separate homeland where they could live with dignity and practice their religion freely.

The Lahore Resolution: A Milestone in the Freedom Struggle

The All India Muslim League, under the leadership of Quaid-e-Azam Muhammad Ali Jinnah, convened its annual session in Lahore from March 22 to 24, 1940. On March 23rd, the historic resolution was passed at Minto Park (now known as Iqbal Park), demanding separate states for Muslims in the northwestern and eastern regions of India. This resolution, often referred to as the “Pakistan Resolution,” became the cornerstone of the Pakistan Movement and galvanized Muslims into an organized struggle for their rights.

The Heroic Struggle and Sacrifices of the Muslims

The road to independence was not an easy one. The Muslims of the subcontinent faced tremendous challenges, including political opposition, social hardships, and economic constraints. The demand for a separate homeland was met with strong resistance from both the British colonial rulers and the Indian National Congress. However, the unwavering commitment of Muslim leaders and activists fueled the movement with newfound energy and resilience.

Quaid-e-Azam Muhammad Ali Jinnah, through his unmatched leadership and unwavering determination, guided the Muslims towards their goal. He emphasized the importance of unity, faith, and discipline, inspiring millions to rally behind the cause. Countless individuals sacrificed their lives, endured imprisonment, and faced brutal oppression, all for the dream of an independent Pakistan.

The Creation of Pakistan: A Dream Realized

The struggle for independence culminated in the emergence of Pakistan on August 14, 1947. The dream envisioned in the Lahore Resolution turned into a reality, marking the beginning of a new era for the Muslims of the subcontinent. The creation of Pakistan was not just the establishment of a new country; it was the fulfillment of a long-cherished aspiration for freedom, identity, and sovereignty.

Pakistan Day: A Tribute to the Nation’s Heroes

March 23rd is celebrated with great enthusiasm across Pakistan. The day begins with special prayers for the prosperity and security of the country, followed by military parades, flag-hoisting ceremonies, and cultural events. The highlight of the day is the grand parade in Islamabad, where the armed forces display their prowess, and national leaders pay tribute to the sacrifices of the past.

Pakistan Day serves as a moment of reflection and gratitude. It reminds the nation of the core principles that led to the creation of Pakistan—unity, faith, and discipline. It is also a call to action for the younger generation to uphold the values of hard work, patriotism, and national integrity to ensure a prosperous future for the country.

Pakistan Day is more than just a historical milestone; it is a testament to the resilience and determination of the Muslims of the subcontinent. It is a day to honor the sacrifices of the past and reaffirm the commitment to building a strong and progressive Pakistan. As the nation moves forward, it must continue to uphold the principles of justice, equality, and unity that were at the heart of the Pakistan Movement.

May Pakistan continue to shine as a beacon of hope, strength, and prosperity for generations to come. Pakistan Zindabad!

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