Benami transactions prohibition: omission of trust provision removes recognition of transfers where consideration paid by another. Section 82 addressed transfers where consideration for trust property was paid by a person other than the transferee. That provision of the Indian Trusts Act, 1882 was omitted by the Benami Transactions (Prohibition) Act, 1988, effective 19-5-1988, removing the Act's specific statutory rule for such transfers and reflecting displacement by the benami prohibition.
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Provisions expressly mentioned in the judgment/order text.
Benami transactions prohibition: omission of trust provision removes recognition of transfers where consideration paid by another.
Section 82 addressed transfers where consideration for trust property was paid by a person other than the transferee. That provision of the Indian Trusts Act, 1882 was omitted by the Benami Transactions (Prohibition) Act, 1988, effective 19-5-1988, removing the Act's specific statutory rule for such transfers and reflecting displacement by the benami prohibition.
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