https://www.taxtmi.com/caselaws?id=40236 The Supreme Court allowed the appeal, setting aside the High Court judgment. The appellant was appointed as a receiver for the property, entitled to possession, and directed to deposit a sum towards annual mesne profits. The Court held that the Benami Transactions Act was not retrospective and did not apply to pending suits filed before its enactment, thereby ruling in favor of the appellant as the absolute owner of the property. en-us Tue, 14 Dec 1999 00:00:00 +0530 Fri, 20 Jan 2017 18:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40236 The Supreme Court allowed the appeal, setting aside the High Court judgment. The appellant was appointed as a receiver for the property, entitled to possession, and directed to deposit a sum towards annual mesne profits. The Court held that the Benami Transactions Act was not retrospective and did not apply to pending suits filed before its enactment, thereby ruling in favor of the appellant as the absolute owner of the property. Case-Laws Income Tax Tue, 14 Dec 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40236