Home Case Index All Cases Benami Property Benami Property + SC Benami Property - 2020 (3) TMI SC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2020 (3) TMI 899 - SC - Benami PropertyBenami Transaction - acquired property - as alleged that the said property was benami under Section 2(8) of the said Act of 1988, as amended - alleged violation of Section 2(9)(D) thereof - alleged that the consideration for this transaction was provided by “non-traceable fictitious/shell entities having no real business”, rendering the transaction benami - HELD THAT:- Mr. Ankit Anandraj Shah, learned counsel accepts notice on behalf of respondent. In the meantime, the operation of the impugned order insofar as it holds that 2016 amendment of the Benami Transactions Act, 1988 was prospective in nature, shall remain stayed.
|