Section 3 in Prohibition of Benami Property Transactions (Conditions of services of Members of Adjudicating Authority) Rules, 2019
3. Method of recruitment.
(1) The Member
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
amended in the year 2016. As per Section 3 of the
Benami Transaction (Prohibition) Act 1988, there was a
presumption that the transaction made ... children is for their benefit. By Benami Amendment Act,
2016 , Section 3 (2) of the Benami Transaction Act, 1988 the
statutory presumption, which was rebuttable
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
Sections 3 and 4
of the unamended Act. These Sections 3 and 4 read as under:-
― Section 3
3. Prohibition of benami transactions ... definition of ‗benami transaction' and various exceptions
to benami transaction which are not prohibited benami transaction and
as provided in Section
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
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
