Section 29

Possession of the property. Repealed

The Prohibition of Benami Property Transactions Act, 1988

  • Act 45 of 1988
  • Ministry of Finance
  • Department of Revenue
About this Act

An Act to prohibit benami transactions and the right to recover property held benami and for matters connected therewith or incidental thereto.

All sections
    1[29. Possession of the property.--(1) Where an order of confiscation in respect of a property under sub-section (1) of section 27, has been made, the Administrator shall proceed to take the possession of the property.
     (2) The Administrator shall,--
         (a) by notice in writing, order within seven days of the date of the service of notice to any person, who may be in possession of the benami property, to surrender or deliver possession thereof to the Administrator or any other person duly authorised in writing by him in this behalf;
         (b) in the event of non-compliance of the order referred to in clause (a), or if in his opinion, taking over of immediate possession is warranted, for the purpose of forcibly taking over possession, requisition the service of any police officer to assist him and it shall be the duty of the officer to comply with the requisition.]

Notes

1. Ins. by s. 9, ibid. (w.e.f. 1-11-2016).

Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights

Scroll to Top