Benami property transfers after notice are ignored for proceedings and may be deemed null and void if confiscated. Transfers of property made after issuance of a notice under the Act are to be ignored for proceedings and, if the property is later confiscated by the Central Government, such transfers are deemed null and void. The Central Government may exempt charitable or religious trust property by notification. It may issue directions to authorities for administering the Act within specified criteria but must not direct outcome in individual cases. Offences under the Act are non-cognizable and corporate officers may be held liable for contraventions subject to defences.
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 transfers after notice are ignored for proceedings and may be deemed null and void if confiscated.
Transfers of property made after issuance of a notice under the Act are to be ignored for proceedings and, if the property is later confiscated by the Central Government, such transfers are deemed null and void. The Central Government may exempt charitable or religious trust property by notification. It may issue directions to authorities for administering the Act within specified criteria but must not direct outcome in individual cases. Offences under the Act are non-cognizable and corporate officers may be held liable for contraventions subject to defences.
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