Benami transactions are criminalized; parties involved face one to seven years' imprisonment and fines tied to property value. The provision makes a Benami transaction-entered into to defeat law or avoid payment of statutory dues or to creditors-an offense, penalizing the beneficial owner, benamidar and any abettor. The prescribed penalty is rigorous imprisonment of one to seven years and a fine up to twenty-five per cent of the property's fair market value.