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Benami Transaction

Querist : Anonymous (Querist) 26 October 2010 This query is : Resolved 
Hi,

My query is regarding Benami Transactions (Prohibition) Act,1988.

Can any person claim his right for any such transaction done before this act was introduced?

Thanks...
Devajyoti Barman (Expert) 26 October 2010
No
bhagwat patil (Expert) 27 October 2010
Only husbund and wife can claim each other share
Devajyoti Barman (Expert) 27 October 2010
right
s.subramanian (Expert) 29 October 2010
I disagree. The supreme Court of India has held that this Act has no retrospective effect.


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