Sources said before giving his assent to the ordinance, the President expressed his displeasure that it was being promulgated for the fifth time and a bill to replace it could not be passed by Parliament.
The ordinance was repromulgated late last night. Issued for the first time on January 7, the Enemy Property (Amendment and Validation) Fifth Ordinance, 2016 had earlier been promulgated four times.
Mukherjee had in January last advised the government that ordinances should be brought only under extraordinary circumstances.
"To meet certain exigencies and under compelling circumstances, the framers of the Constitution deemed it necessary to confer limited legislative power upon the Executive by way of promulgation of ordinances when the Legislature is not in session and circumstances justified immediate legislation.
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"The framers also deemed it necessary to impose certain restrictions on this extraordinary legislative power by constitutionally mandating replacement of such ordinances within a timeframe by the legislators," the President had said.
The move is being made to amend the nearly five-decade- old Enemy Property Act to guard against claims of succession or transfer of properties left by people who migrated to Pakistan and China after wars.
"Enemy property" refers to any property belonging to, held or managed on behalf of an enemy, an enemy subject or an enemy firm.
The ordinance was for the first time promulgated on January 7 this year. It was passed by Lok Sabha on March 9 but was subsequently referred to Select Committee of Rajya Sabha.
Since its validity was to expire on August 28, the President promulgated the fourth ordinance on the subject a day before that.
An ordinance is promulgated again when Parliament is not in session and a bill to replace it is not passed.