Govt Plans To Dispose Of Enemy Properties Soon
Properties belonging to people who left India for countries such as Pakistan after the partition and free from legal tangle would soon be disposed with Home Minister Rajnath Singh giving his approval for the same.
The home minister has said that considering the importance of the new provisions in the Enemy Property Act, 2017, which was amended recently to include disposal/transfer of enemy properties, the rules might be notified soon.
"It was also decided that the custodian office be strengthened for this purpose and the ministry should identify the properties free from encumbrance for quick disposal and monetisation," a home ministry statement said.
According to the amended Act, enemy property refers to any property belonging to, held or managed on behalf of an enemy, an enemy subject or an enemy firm. The owners of the enemy properties are those who have left India and settled in Pakistan or China.
The government has vested these properties in the Custodian of Enemy Property for India, an office instituted under the Central government.
After the Indo-Pakistan War of 1965, the Enemy Property Act was enacted in 1968, which regulates such properties, and lists the Custodian's powers.
The home ministry has said similar properties in Pakistan belonging to Indians have been disposed of, and the appointment of nodal officers by the state governments be pursued to coordinate identification, vesting and valuation of enemy properties.
With inputs from Housing News