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Commentary and updates from the Chambers on tax, regulatory and commercial law developments.
The Prohibition of Benami Property Transactions Act, 1988 (“1988 Act”), overhauled by the 2016 Amendment Act[1], constitutes a key pillar of India’s framework to curb benami holdings. Attachment and confiscation of property without compensation, the statutory bar on re-transfer of benami property, prohibition on enforcing rights or making claims in
The Prohibition of Benami Property Transactions Act, 1988 (“1988 Act”), overhauled by the 2016 Amendment Act[1], constitutes a key pillar of India’s framework to curb benami holdings. Attachment and confiscation of property without compensation, the statutory bar on re-transfer of benami property, prohibition on enforcing rights or making claims in
The Prohibition of Benami Property Transactions Act, 1988 (“1988 Act”), overhauled by the 2016 Amendment Act[1], constitutes a key pillar of India’s framework to curb benami holdings. Attachment and confiscation of property without compensation, the statutory bar on re-transfer of benami property, prohibition on enforcing rights or making claims in
