Rajya Sabha referred the Enemy Property (Amendment and Validation) Bill, 2016 to a Select Committee of the House.
The bill amends the Enemy Property Act, 1968 is aimed at guarding against claims of succession or transfer of properties left by people who migrated to Pakistan and China after the wars.
In the wake of the Indo-Pak war of 1965 and 1971, there was migration of people from India to Pakistan and Government of India took over the properties and companies of such persons who had taken Pakistani nationality. These properties are known as ‘enemy properties’.
These ‘enemy properties’ were vested by the Central Government in the Custodian of Enemy Property for India.
The bill proposes to continue enemy property with custodian irrespective of whether the enemy, enemy firm has ceased to be an enemy due to reasons such as death etc.
The bill also ensures that the law of succession does not apply to enemy property. As per the bill, the Custodian has to preserve the enemy property till it is disposed of in accordance with law.
The Enemy Property Act was enacted in the year 1968 by the Government of India, which provided for the continuous vesting of enemy property in the Custodian.
The Bill was passed by Lok Sabha on March 9