Petitioner deemed beneficial owner under Benami Transactions Act; advised to deny false claims, no stay granted.

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Full Text of the Document

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....Benami Property - Denial of natural justice - provisional attachment - What also is revealed from the proceedings drawn is that the petitioner has been held to be the beneficial owner of the property and which if he is not he only has to deny the contentions and leave it for the authorities to decide the matter on merits as he is not going to loose anything. - No stay.....