Benami property: benamidars prohibited from re-transferring such property; illicit re-transfers are void, limited exception applies. Section 6 prohibits a benamidar from re-transferring benami property to the beneficial owner or any person acting for the beneficial owner; any contravening re-transfer is null and void. The prohibition and nullity do not apply to transfers made in accordance with the specified provision of the Finance Act as preserved by amendment.
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: benamidars prohibited from re-transferring such property; illicit re-transfers are void, limited exception applies.
Section 6 prohibits a benamidar from re-transferring benami property to the beneficial owner or any person acting for the beneficial owner; any contravening re-transfer is null and void. The prohibition and nullity do not apply to transfers made in accordance with the specified provision of the Finance Act as preserved by amendment.
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