Benami Amendment Act of
2016, shall have prospective effect. Since the alleged benami
transactions and date of discovery of the alleged benami
transactions ... backdrop of section 3 (3) of Benami Act of 1988 and
new section 53 of Benami Amendment Act of 2016, it is pointed
out that
backdrop of section 3 (3) of Benami Act of 1988 and
new section 53 of Benami Amendment Act of 2016, it is pointed
out that ... text
of section 3 (3) of the Benami Amendment Act of 2016, in no
uncertain terms contemplates that penalty for benami
transactions, on or after
backdrop of section 3 (3) of Benami Act of 1988 and
new section 53 of Benami Amendment Act of 2016, it is pointed
out that ... text
of section 3 (3) of the Benami Amendment Act of 2016, in no
uncertain terms contemplates that penalty for benami
transactions, on or after
backdrop of section 3 (3) of Benami Act of 1988 and
new section 53 of Benami Amendment Act of 2016, it is pointed
out that ... text
of section 3 (3) of the Benami Amendment Act of 2016, in no
uncertain terms contemplates that penalty for benami
transactions, on or after
backdrop of section 3 (3) of Benami Act of 1988 and
new section 53 of Benami Amendment Act of 2016, it is pointed
out that ... text
of section 3 (3) of the Benami Amendment Act of 2016, in no
uncertain terms contemplates that penalty for benami
transactions, on or after
benami
transaction. Sub-section (3) of Section 3 , as
seen, makes a person who enters into a benami
transaction liable for punishment. Section 5
makes ... property concerned in sub-
section (2) of Section 3 in relation to non-
applicability of Section 3(3) and Section 5 shall
equally hold good
backdrop of section 3 (3) of Benami Act of 1988 and
new section 53 of Benami Amendment Act of 2016, it is pointed
out that ... text
of section 3 (3) of the Benami Amendment Act of 2016, in no
uncertain terms contemplates that penalty for benami
transactions, on or after
backdrop of section 3 (3) of Benami Act of 1988 and
new section 53 of Benami Amendment Act of 2016, it is pointed
out that ... text
of section 3 (3) of the Benami Amendment Act of 2016, in no
uncertain terms contemplates that penalty for benami
transactions, on or after
backdrop of section 3 (3) of Benami Act of 1988 and
new section 53 of Benami Amendment Act of 2016, it is pointed
out that ... text
of section 3 (3) of the Benami Amendment Act of 2016, in no
uncertain terms contemplates that penalty for benami
transactions, on or after
backdrop of section 3 (3) of Benami Act of 1988 and
new section 53 of Benami Amendment Act of 2016, it is pointed
out that ... text
of section 3 (3) of the Benami Amendment Act of 2016, in no
uncertain terms contemplates that penalty for benami
transactions, on or after