Jammu and Kashmir: Backdoor acquisition of property under Sarfaesi Act stirs controversy

The Sarfaesi Act which was meant to aid the recovery of debts has stirred a hot debate in the state of Jammu and Kashmir as it could result in the back-door acquisition of property by non-Kashmiris> The state of Jammu and Kashmir is one of the few states where non-native residents are not permitted to acquire property in the state

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