Reward payment timelines for benami informants specify deadlines for interim and final reward disbursement under the scheme. An interim reward must be granted within four months of the provisional attachment of the benami property under Section 24(4); a final reward must be paid ... Summary
Prohibition Of Benami Property Transactions Act, 1988
Reward payment timelines for benami informants specify deadlines for interim and final reward disbursement under the scheme.
An interim reward must be granted within four months of the provisional attachment of the benami property under Section 24(4); a final reward must be paid within six months after the confiscation order becomes final, which is deemed to occur if two years have passed from the date of confiscation and no litigation is pending.
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