Benami property confiscation and government vesting operate after adjudication, hearing, and prescribed procedure, with limited protection for bona fide purchasers. Confiscation of benami property follows an adjudication order, subject to hearing, appeal, and prescribed procedure. Property acquired from the benamidar for adequate consideration before notice, without knowledge of the benami transaction, is excepted. On confiscation, rights and title vest in the Central Government free of encumbrances, with no compensation payable, and rights created to defeat the Act are void.
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Provisions expressly mentioned in the judgment/order text.
Benami property confiscation and government vesting operate after adjudication, hearing, and prescribed procedure, with limited protection for bona fide purchasers.
Confiscation of benami property follows an adjudication order, subject to hearing, appeal, and prescribed procedure. Property acquired from the benamidar for adequate consideration before notice, without knowledge of the benami transaction, is excepted. On confiscation, rights and title vest in the Central Government free of encumbrances, with no compensation payable, and rights created to defeat the Act are void.
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