A.RAGHUVIR, G.RAMANUJULU NAIDU
Controller of EState Duty – Appellant
Versus
Trustees of Prince Shahmat Ali Khan Trust – Respondent
( 1 ) THIS reference relates to a trust called "prince Shahmat Ali Khan Trust". The trust was created by the former Nizam of Hyderabad who died on 24/02/1967. He was the last of Asifia Dynasty of Kings who ruled Hyderabad State. He had the reputation, at one time, of being the richest individual in the world. He was so referred in a book called "verdict on India". In that, it is said if he opened his money bags, the world of business were to have received a great tremor. The author of the book was a conservative journalist from England who came to India in 1942. His name is Beverly Nichols. He was a master of invective. He met the Prince of Berar, the son of the Nizam, and heard him utter once "shukriya" (thanks) in conversation. Nichols referred to that and recorded that in his long stay in the country, for the first time he heard such a word, otherwise there is no equivalent word in the numerous vernacular languages in India and people in India do not know or use such a word.
( 2 ) THE Nizam of Hyderabad, after police action, became concerned for his dependants. He, therefore, created numerous trusts in protection of their safety and welfare. Prince Shahmat Ali Khan
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