Panun Kashmir in its December 1991 convention Margdarshan, staged in Jammu, introduced the Historic Homeland Resolution. The resolution demanded:

• The establishment of a Homeland for the Kashmiri Pandits in the Kashmir Valley, comprising the regions of the Valley to the East and North of river Jehlum;
• That the Constitution of India be made applicable in letter and spirit in this Homeland, in order to ensure right to life, liberty, freedom of expression and faith, equality and rule of law;
• That the Homeland be placed under the Central administration with a Union territory Status, so that it evolves its own economic and political infrastructure;
• That all the seven hundred thousand Kashmiri Pandits, which includes those who have been driven out of Kashmir in the past and yearn to return to their homeland and those who were forced to leave on account of the terrorist violence in Kashmir, be settled in the homeland on equitable basis with dignity and honor.