Supreme Court Ruling on Benami Property: Civil Suit and Criminal Proceedings Barred
Overview In a landmark decision, the Supreme Court of India has ruled that both civil suits to enforce claims in benami property and criminal proceedings by the ‘real’ owner are impermissible under the current legal framework. This decision reinforces the stringent provisions of the Benami Transactions (Prohibition) Act, 1988 and its subsequent amendments in 2016. […]
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