Adjudicating Authority for benami property proceedings is reassigned to the competent authority under forfeiture law. Section 7 of the Prohibition of Benami Property Transactions Act, 1988 is substituted to designate the competent authority authorised under section 5(1) of the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 as the Adjudicating Authority under the Act. The provision confers jurisdiction, powers and authority on that authority under the Act and is stated to come into force from 01-07-2021.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Adjudicating Authority for benami property proceedings is reassigned to the competent authority under forfeiture law.
Section 7 of the Prohibition of Benami Property Transactions Act, 1988 is substituted to designate the competent authority authorised under section 5(1) of the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 as the Adjudicating Authority under the Act. The provision confers jurisdiction, powers and authority on that authority under the Act and is stated to come into force from 01-07-2021.
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