Mandatory PAN-Aadhaar Linkage For Demat Accounts Constitutionally Valid: Orissa High Court
The Orissa High Court has recently dismissed a plea by former Member of Parliament (MP) Tathagata Satapathy, challenging the mandatory requirement of linking Aadhaar with Permanent Account Number (PAN) for operating dematerialized accounts (demat accounts). The Court held that this requirement was constitutional and was a reasonable restriction on the right to privacy as enshrined under Article 21 of the Constitution of India. Key Highlights and Legal Context: - The…
