SupremeToday Landscape Ad
Gazette Copy
AI highlight Precision Paragraph Copy AI Assistant AI Assistant Add to Editor Bookmak Share Document Go to Top Go to Bottom Zoom In Zoom Out Print Download PDF Court Copy Open In App

Prohibition of Benami Property Transactions Act, 1988

45 of 1988 (Updated in 2023) [As Amended by Act No. 8 OF 2023 dt. 31/03/2023 - Amendments in Section 2(18) (i), 2(18)(ii), 2(18)(iii), Section 46(1) and 46(1A) Act 43 of 2016 and Act 34 of 2019]

Read full Act
S.1 Short title, extent and commencement
S.1[ 2 Definitions
S.3 Prohibition of benami transactions
S.4 Prohibition of the right to recover property held benami
S.1[ 5 Property held benami liable to confiscation.--
S.1[ 6 Prohibition on re-transfer of property by benamidar
S.2[ 7 Adjudicating Authority.--
S.8
S.9
S.10
S.11
S.12
S.13
S.14
S.15
S.16
S.17
S.18 Authorities and jurisdiction--
S.19 Powers of authorities.--
S.20 Certain officers to assist in inquiry, etc.--
S.21 Power to call for information.--
S.22 Power of authority to impound documents.--
S.23 Power of authority to conduct inquiry, etc.--
S.24 Notice and attachment of property involved in benami transaction.--
S.25 Manner of service of notice.--
S.26 Adjudication of benami property.--
S.27 Confiscation and vesting of benami property.--
S.28 Management of properties confiscated.--
S.29 Possession of the property.--
S.30 Establishment of Appellate Tribunal.--
S.31 Composition, etc., of Appellate Tribunal.--
S.32 Qualifications for appointment of Chairperson and Members of Appellate Tribunal..--
S.33 Terms and conditions of services of Chairperson and Members of Appellate Tribunal.--
S.34 Term of office of Chairperson and Members.--
S.35 Removal of Chairperson and Member from office in certain circumstances.--
S.36 Vacancies, etc., not to invalidate proceedings of Appellate Tribunal.--
S.37 Resignation and removal.--
S.38 Member to act as Chairperson in certain circumstances.--
S.39 Staff of Appellate Tribunal.--
S.40 Procedure and powers of Appellate Tribunal.--
S.41 Distribution of business amongst Benches of Appellate Tribunal.--
S.42 Power of Chairperson of Appellate Tribunal to transfer cases.--
S.43 Decision to be by majority--
S.44 Members, etc., to be public servants--
S.45 Bar of jurisdiction of Civil Courts.--
S.46 Appeals to Appellate Tribunal--
S.47 Rectification of mistakes--
S.48 Right to representation--
S.49 Appeal to High Court.--
S.50 Special Courts.--
S.51 Application of Code of Criminal Procedure, 1973 to proceedings before Special Court.--
S.52 Appeal and revision.--
S.53 Penalty for benami transaction.--
S.54 Penalty for false information.--
S.1[ 54-A Penalty for failure to comply with notices or furnish information.--
S.1[ 54-B Proof of entries in records or documents.--
S.55 Previous sanction.--
S.56 Repeal of provisions of certain Acts.--
S.57 Certain transfers to be null and void.--
S.58 Exemption.--
S.59 Power of Central Government to issue directions, etc.--
S.60 Application of other laws not barred.--
S.61 Offences to be non-cognizable.--
S.62 Offences by companies.--
S.63 Notice, etc., not to be invalid on certain grounds.--
S.64 Protection of action taken in good faith.--
S.65 Transfer of pending cases.--
S.66 Proceedings, etc., against legal representative.--
S.67 Act to have overriding effect.--
S.68 Power to make rules.--
S.69 Laying of rules and notifications before Parliament.--
S.70 Power to remove difficulties.--
S.71 Transitional provision.--
S.1[72] Repeal and saving.--
S.THE FINANCE ACT, 2023 All Amendments Incorporated at Appropriate place
SupremeToday Portrait Ad

Enter the Future of Legal Excellence with SupremeToday AI

Elevate your legal practice with advanced AI-driven research and drafting solutions. Experience unmatched efficiency, precision, and security, tailored exclusively for legal professionals.

experience-legal
logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

App_Store_Badge Google_Play_Store

For Daily Legal Updates, Join us on :

whatsapp-icon telegram-icon

Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.

whatsapp-icon