Skip to content


Benami Transactions (Prohibition) Act, 1988 Section 5 - Bare Act

State

Central Government

Year

Section Title

Property Held Benami Liable to Acquisition

Act Info:



(1) All properties held benami shall be subject to acquisition by such authority, in such manner and after following such procedure, as may be prescribed.

(2) For the removal of doubts, it is hereby declared that no amount shall be payable for the acquisition of any property under sub-section (I).




Save Judgments// Add Notes // Store Search Result sets // Organize Client Files //