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raj kumar ji (LAW STUDENT )     03 August 2011

Benami property?

RESPECTED SIR,

                           " WHAT IS BENAMI PROPERTY ?." PLZ EXPLAIN IN SIMPLE LANGUAGE



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 3 Replies

H. S. Thukral (Lawyer)     03 August 2011

Where a person buys property with his own money, but in the name of another person or buys property in his own name but subsequently transfers it into the name of another person without any intention in either case to benefit such other person, the transaction is called 'benami' and the person in whose name the transaction is effected is called 'benamidar'.

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Raj Kumar Makkad (Adv P & H High Court Chandigarh)     03 August 2011

Benami denotes 'not in the name document showing'. Thus benami property means a property owned by someone not in picture.
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raj kumar ji (LAW STUDENT )     04 August 2011

makkad sir plz explain in simple language .

thukral sir thanks to reply


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