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Penalty for Benami transaction.

Section 53 - Acts - OFFENCES AND PROSECUTION - PROHIBITION OF BENAMI PROPERTY TRANSACTIONS ACT, 1988 - Section 53 - CHAPTER VII OFFENCES AND PROSECUTION 53. (1) Where any person enters into a benami transaction in or .....

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of the offence of Benami transaction. (2) Whoever is found guilty of the offence of benami transaction referred to in sub-section (1) shall be punishable with rigorous imprisonment for a term which shall not be less than one year, but whi .....

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