The Centre has repromulgated an ordinance to amend the Enemy Property Act to guard against claims on properties left by people who migrated to Pakistan and China.
Successors of those who migrated to Pakistan and China during Partition will have no claim over the properties left behind in India, with Parliament on Tuesday passing a bill to amend a 49-year-old law.
There are a total of 12,611 establishments called enemy property, roughly estimated to be worth over Rs 1 lakh crore, in the country.
The bill to amend the 49-year-old law to guard against claims of succession or transfer of properties left by people who migrated to Pakistan and China was passed amid a walkout by the entire Opposition.
The government has reconstituted a high level committee for the disposal of enemy properties that have been left behind by those who migrated and took up citizenship of Pakistan and China.
The fate of properties worth Rs 15,000 crore inherited by actor Saif Ali Khan and his family from Bhopal's erstwhile rulers hangs in the balance due to uncertainty over filing an appeal against an order of the Office of the Custodian of Enemy Property. If an appeal is not filed by the Bhopal Nawab's successors, the properties could fall under the Centre's control, lawyers have said. The matter stems from a 2015 ruling that declared the Bhopal Nawab's property "Enemy Property" due to the eldest daughter, Abida Sultan Begum, migrating to Pakistan after the Partition. However, a 1962 order recognized Sajida Sultan Begum, the second daughter, as the sole successor to the properties after the death of Nawab Hamidullah Khan. The dispute is currently with the Mumbai-based Office of the Custodian of Enemy Property, following a Madhya Pradesh High Court order that directed the filing of a representation within 30 days. The high court's order also raised the issue of limitation as the appeal was filed after a significant period. The properties include Noor-Us-Sabah Palace, Dar-Us-Salam, Bungalow of Habibi, Ahmedabad Palace and Flag Staff House. The Enemy Property Act was passed in 1968 to regulate properties left behind in India by those who emigrated to Pakistan.
The government's move to sell enemy shares comes when it is struggling to meet its target of raising Rs 800 billion from the sale of State assets in the fiscal year ending in March 2019. The Custodian of Enemy Property of India holds around Rs 3,000 crore worth of equity shares besides land and property across India.
Baraut's sub-divisional magistrate Amar Verma confirmed Musharraf's grandfather lived in Kotana.
Dina Wadia, Jinnah's only daughter and Nusli Wadia's late mother, moved the high court in 2007 to regain control of the estate.
It is estimating that this would help monetise assets worth Rs 10,000 crore.
'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'
A total of 16 bills, including the GST Bill, Lokpal (Amendment) Bill, Factories (Amendment) Bill and the Anti-Hijacking Bill are pending in Parliament -- five in Lok Sabha and 11 in the Rajya Sabha.
A chunk of divestment till now has come from follow-on offerings in the Centre's two ETFs, Bharat-22 and CPSE. Now, there will be initial public offerings of Mazagon Docks, rail companies RVNL and IRFC and MSTC.
'Whatever the legal position, it is my understanding that in practice, the Indian authorities have always treated Hindu refugees from Pakistan and Bangladesh far more sympathetically than Muslims,' notes Sunanda K Datta-Ray.