https://www.taxtmi.com/caselaws?id=18917 Section 4(1) of the Benami Transactions (Prohibition) Act, 1988 was held to be prospective and not applicable to a suit instituted before the Act commenced on 19 May 1988. Because the suit had been filed in 1974, the statutory bar could not defeat the plaintiff's pre-existing claim in respect of benami property. The earlier contrary view was displaced by the later Supreme Court authority, and the decree in favour of the plaintiff was upheld. en-us Fri, 07 Apr 1995 00:00:00 +0530 Wed, 25 Dec 2019 17:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18917 Section 4(1) of the Benami Transactions (Prohibition) Act, 1988 was held to be prospective and not applicable to a suit instituted before the Act commenced on 19 May 1988. Because the suit had been filed in 1974, the statutory bar could not defeat the plaintiff's pre-existing claim in respect of benami property. The earlier contrary view was displaced by the later Supreme Court authority, and the decree in favour of the plaintiff was upheld. Case-Laws Benami Property Fri, 07 Apr 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18917