Tag Archives: The Benami Transactions (Prohibition)

The Benami Transactions (Prohibition) Amendment Bill 2015

THE BENAMI TRANSACTIONS (PROHIBITION) AMENDMENT BILL, 2015 Introduced in Lok Sabha on 13.05.2015 FINANCIAL MEMORANDUM This Bill seeks to amend the law prohibiting benami transactions, holding property in benami and restricting right to recover or transfer property held benami, and providing mechanism and procedure for confiscation of property held benami. The Benami Transaction (Prohibition) Amendment… Read More »