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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

   

 

 
 

 

Benami Transactions (Prohibition) Amendment Act, 2016

CHAPTER I PRELIMINARY

Section 1 Short title and Commencement

Section 2 Definitions

CHAPTER II PROHIBITION OF BENAMI TRANSACTIONS

Section 3 Prohibition of benami transactions

Section 4 Prohibition of the right to recover property held benami

Section 5 Property held benami liable to confiscation

Section 6 Prohibition on re-transfer of property by benamidar

CHAPTER III AUTHORITIES

Section 7 Adjudicating Authority

Section 8 Composition of Authority

Section 9 Qualifications for appointment of Chairperson and Members

Section 10 Constitution of Benches of Adjudicating Authority

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