Benami property confiscation: prohibition on benamidar re-transfer renders unauthorized transfers void with a limited statutory exception. Property that is the subject matter of a benami transaction is liable to confiscation by the Central Government. A benamidar is prohibited from re-transferring benami property to the beneficial owner or any person acting on the beneficial owner's behalf; any such re-transfer is null and void, subject to a limited statutory exception under prior fiscal legislation.
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.
Benami property confiscation: prohibition on benamidar re-transfer renders unauthorized transfers void with a limited statutory exception.
Property that is the subject matter of a benami transaction is liable to confiscation by the Central Government. A benamidar is prohibited from re-transferring benami property to the beneficial owner or any person acting on the beneficial owner's behalf; any such re-transfer is null and void, subject to a limited statutory exception under prior fiscal legislation.
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