Section 4 Prohibition of the right to recover property held benami - The Benami Transactions (Prohibition) Amendment Act 2016

What is the Provision for Prohibition of the right to recover property held benami? Section 4 of The BTP (Prohibition) Amendment Act 2016

 

Section4 :  Prohibition of the right to recover property held benami

(1) No suit, claim or action to enforce any right in respect of any property held benami against the person in whose name the property is held or against any other person shall lie by or on behalf of a person claiming to be the real owner of such property.

(2) No defence based on any right in respect of any property held benami, whether against the person in whose name the property is held or against any other person, shall be allowed in any suit, claim or action by or on behalf of a person claiming to be the real owner of such property.


 

(3) omitted by The Benami Transactions (Prohibition) Amendment Act 2016

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