Court Rules Pre-2016 Transactions Exempt from 2016 Benami Act Amendments; Section 24 Notices Invalid.

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....Prohibition of Benami Property Transactions - attaching the properties - As in view of the undisputed fact that the transactions in question in these cases being of a period prior to 2016, the amendment of the Act made in the year 2016 would not be applicable and therefore, the impugned notices under Section 24 of the Act are not sustainable in law. - HC....