In force · As amended up to 2026-08
6. Prohibition on re-transfer of property by benamidar . — (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 (28 of 2016).]
8[CHAPTER III
AUTHORITIES
6. The Bill seeks to achieve the above objects.
NEW DELHI: The 3 0th August , 1988.
H. R. BHARDWAJ.
Source: India Code