What is the Prohibition on re-transfer of property by benamidar? Section 6 of The BTP (Prohibition) Amendment Act 2016
6. (1) No person, being a benamidar shall re-transfer the benami property held by him to the beneficial owner or any other person acting on his behalf.
(2) Where any property is re-transferred in contravention of the provisions of sub-section (1), the transaction of such property shall be deemed to be null and void.
(3) The provisions of sub-sections (1) and (2) shall not apply to a transfer made in accordance with the provisions of section 190 of the Finance Act, 2016."
CHAPTER I PRELIMINARY
Section 1 Short title and Commencement
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