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Informative

Aadhaar-PAN Linkage for Demat Accounts is a Valid Requirement, Does Not Violate Right to Privacy: Orissa HC

Update / Judgement Date

26 Feb 2025

Source

Taxscan

Author

Team — WCP Legal Desk

Reading Time

1 min read

Other Legal MattersSEBI & SCRA

The Orissa High Court has ruled that Aadhaar-PAN linkage for demat accounts is a valid requirement and does not violate the right to privacy. This decision upholds the regulatory requirements for financial transactions. It ensures that demat accounts comply with legal mandates. This ruling underscores the importance of Aadhaar and PAN linkage. It emphasizes the need for secure financial practices. The High Court's order reinforces regulatory compliance.