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    <title>2001 (3) TMI 1072 - KARNATAKA HIGH COURT</title>
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    <description>Immovable property purchased from a common family fund, with consent of contributing members, was treated as belonging to all contributors in proportion to their contribution; the person in whose name title stood could not claim exclusive ownership. The court also held that the arrangement was not benami because the property was not shown to have been purchased wholly by one person for another, nor was there material to show concealment of ownership or other statutory ingredients of a benami transfer. The suit was decreed, the parties were declared co-owners with equal shares, and protection against forcible dispossession followed.</description>
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    <pubDate>Mon, 26 Mar 2001 00:00:00 +0530</pubDate>
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      <description>Immovable property purchased from a common family fund, with consent of contributing members, was treated as belonging to all contributors in proportion to their contribution; the person in whose name title stood could not claim exclusive ownership. The court also held that the arrangement was not benami because the property was not shown to have been purchased wholly by one person for another, nor was there material to show concealment of ownership or other statutory ingredients of a benami transfer. The suit was decreed, the parties were declared co-owners with equal shares, and protection against forcible dispossession followed.</description>
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