Section 8A of EPA : Section 8A: Sale Of Property By Custodian
EPA
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Explanation using Example
Imagine a scenario where a property in Mumbai was owned by a person who migrated to Pakistan during the 1965 India-Pakistan war and was subsequently declared an enemy alien by the Indian government. This property, now classified as "enemy property," has been under the management of the Custodian of Enemy Property for India.
In 2021, the Central Government decides that it is in the best interest to dispose of certain enemy properties to generate revenue. It specifies a time frame and instructs the Custodian to proceed with t...
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