https://www.taxtmi.com/caselaws?id=378717 A benami allegation under the Prohibition of Benami Property Transactions Act requires proof that consideration was provided by one person while the property was held for the benefit of another, and the party asserting benami must discharge that burden with cogent material. On the facts discussed, registered conveyances, banking records, loan papers and related conduct supported the genuineness of the transaction, so benami character was not established. The attachment framework also requires strict compliance with the prescribed procedure, including the mandatory proclamation and affixture steps for immovable property. Where those safeguards are not followed, provisional attachment and its continuation cannot be sustained. en-us Tue, 26 Mar 2019 00:00:00 +0530 Thu, 19 Mar 2026 12:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378717 A benami allegation under the Prohibition of Benami Property Transactions Act requires proof that consideration was provided by one person while the property was held for the benefit of another, and the party asserting benami must discharge that burden with cogent material. On the facts discussed, registered conveyances, banking records, loan papers and related conduct supported the genuineness of the transaction, so benami character was not established. The attachment framework also requires strict compliance with the prescribed procedure, including the mandatory proclamation and affixture steps for immovable property. Where those safeguards are not followed, provisional attachment and its continuation cannot be sustained. Case-Laws Indian Laws Tue, 26 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378717