Section 57
Certain transfers to be null and void. Repealed
The Prohibition of Benami Property Transactions Act, 1988
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.
1[57. Certain transfers to be null and void.--Notwithstanding anything contained in the Transfer of
the Property Act, 1882 (4 of 1882) or any other law for the time being in force, where, after the issue of a
notice under section 24, any property referred to in the said notice is transferred by any mode whatsoever,
the transfer shall, for the purposes of the proceedings under this Act, be ignored and if the property is
subsequently confiscated by the Central Government under section 27, then, the transfer of the property
shall be deemed to be null and void.]
Notes
1. Subs. by Act 43 of 2016, s. 10, for sections 7 and 8 (w.e.f. 1-11-2016).