News

Long Awaited Amended Enemy Property Bill Passed By Lok Sabha

A 49 year law has been amended finally on Tuesday, denying the inheritance rights to the legal heirs of the individuals leaving country for China or Pakistan. Known as Enemy Property Amendment and Validation) Bill, 2016, this bill clarifies that the heirs will no longer have the entitlement for property inheritance in India, if their ancestors shifted the enemy countries – Pakistan and China. The Lok Sabha has passed the bill and a selected committee appointed by Upper house has recommended some amendments. This is so far the fifth ordinance on this issue. The bill was passed by the Rajya Sabha with voice vote at the time when the opposition benches were almost vacant on March 10.

After Indo-Pak war in 1965, previous Enemy Act was enacted in 1968 but it required a much awaited clarification which has been brought under the current bill clearly denying the right of inheritance. Few MPs however expressed their concerns regarding this implementation but it has been assured that there shall be no human right violation and the law solely applies to the heirs of enemy properties. “Enemy Property” covers any property held, belonging to or managed on the behalf of an enemy, an enemy firm or an enemy subject.

263 properties in Goa have been already identified even before the passing of the bill, which belong to Pakistani citizens. These are estimated at a value of around 100 crores and located in various areas as Tiswadi, Bicholim, Salcete and Bardez. The ministry of Home affairs estimated the enemy properties to be worth of more than Rs. 1 lakh crore.

This law came into consideration after a claim in the property in Uttarakhand and Uttar Pradesh by the heirs of Raja Mohammad Amir Mohammad Khan. A petition regarding this is filed in the Supreme Court.

Team iPropUnited

Share
Published by
Team iPropUnited
Tags News

Recent Posts

The Power of Networking for Small and Medium Enterprises (SMEs)

In the dynamic world of business, networking has emerged as a cornerstone for the growth…

5 days ago

Adani Group inks MoU with the Odisha government for a ₹2.3 lakh crore investment over the next five years.

The MoU was signed at the ‘Utkarsh Odisha-Make in Odisha Conclave,’ inaugurated earlier in the…

1 week ago

Land deals surge by 48% in 2024, with Delhi-NCR taking the lead

Over 40 land deals were recorded in the Delhi-NCR micro-market, with Gurugram contributing to 60%…

3 weeks ago

Personal Finance Tips for Young Professionals

As a young professional, building a strong financial foundation early in your career can set…

4 weeks ago

The Importance of ESG (Environmental, Social, and Governance) in Modern Business

In recent years, ESG (Environmental, Social, and Governance) has become a critical framework for evaluating…

1 month ago

Why Premium Housing is Gaining Popularity Among Millennials

In recent years, the demand for premium housing has seen a significant rise among millennials,…

1 month ago

This website uses cookies.