https://www.taxtmi.com/caselaws?id=22409 The court allowed the appeal, set aside the trial court's judgment, and dismissed the suit filed by the plaintiff-respondent based on the application of the Benami Transactions (Prohibition) Act, 1988. The court held that the Act applies retroactively to past transactions, rendering suits to recover benami property unenforceable, including pending suits and appeals arising from such suits. The exception under Section 3(2) of the Act for property purchased in the name of the wife or unmarried daughter was deemed inapplicable, emphasizing the Act's prohibition under Section 4(1) on suits to recover such property. en-us Fri, 14 Dec 1990 00:00:00 +0530 Wed, 25 Dec 2019 17:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22409 The court allowed the appeal, set aside the trial court's judgment, and dismissed the suit filed by the plaintiff-respondent based on the application of the Benami Transactions (Prohibition) Act, 1988. The court held that the Act applies retroactively to past transactions, rendering suits to recover benami property unenforceable, including pending suits and appeals arising from such suits. The exception under Section 3(2) of the Act for property purchased in the name of the wife or unmarried daughter was deemed inapplicable, emphasizing the Act's prohibition under Section 4(1) on suits to recover such property. Case-Laws Benami Property Fri, 14 Dec 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22409