https://www.taxtmi.com/caselaws?id=297953 The Supreme Court allowed the appeal, setting aside the High Court's judgment and restoring the decree of the lower appellate court in favor of the appellants. The Court clarified that the provisions of the Benami Transaction Act, including Section 4(2), apply to pending proceedings, prohibiting the defense raised by the contesting parties regarding the benami nature of the sale transaction. en-us Fri, 23 Apr 1993 00:00:00 +0530 Tue, 28 Jun 2022 10:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297953 The Supreme Court allowed the appeal, setting aside the High Court's judgment and restoring the decree of the lower appellate court in favor of the appellants. The Court clarified that the provisions of the Benami Transaction Act, including Section 4(2), apply to pending proceedings, prohibiting the defense raised by the contesting parties regarding the benami nature of the sale transaction. Case-Laws Benami Property Fri, 23 Apr 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297953