Section 5

Property held benami liable to confiscation. Repealed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 [5. Property held benami liable to confiscation.--Any property, which is subject matter of benami transaction, shall be liable to be confiscated by the Central Government.]

Notes

1. Subs. by s. 8, ibid., for sections 5 and 6 (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

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