Legal Library
THE PROHIBITION OF BENAMI PROPERTY TRANSACTIONS ACT, 1988
Section Section 3.
Back to THE PROHIBITION OF BENAMI PROPERTY TRANSACTIONS ACT, 1988
Section 3.
Prohibition of benami transactions.
Chapter: PROHIBITION OF BENAMI TRANSACTIONS
(1)
No person shall enter into any benami transaction.
2* * * * *
3[(2)] Whoever enters into any benami transaction shall be punishable with imprisonment for a term which may extend to three years or