EXPLORING PROPERTY RIGHTS ON THE MOON AND OTHER CELESTIAL BODIES

AUTHORS – VIREN CHHABRIA & SARTHAK VASHISTH, STUDENT AT PRESIDENCY UNIVERSITY

BEST CITATION – VIREN CHHABRIA & SARTHAK VASHISTH, EXPLORING PROPERTY RIGHTS ON THE MOON AND OTHER CELESTIAL BODIES, 2 (1) OF 2024, PG. 66-70, APIS – 3920 – 0014 & ISSN – 2584-1955.

INTRODUCTION

With the ever-expanding presence of humanity in space, property rights on celestial bodies are now an increasingly relevant topic. Private companies are now part of the exploration of the moon, and there are already plans for colonization of Mars. The need for well-defined legal frameworks for extra-terrestrial property rights has never been more important. This paper deconstructs the intricate mix of rights and wrongs in the realization of property rights on the Moon and other space bodies amid various international regimes, including current international law, proposed frameworks, and future developments.