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Benami transactions (prohibition) act, 1988

(Querist) 18 December 2015 This query is : Resolved 
Dear Experts,

A transaction took place prior to the enforcement of Benami Transactions (Prohibition) Act, 1988 and suit was filed after came into force of Benami Transactions (Prohibition) Act, 1988 – Whether the suit is barred by the provisions of the of Benami Transactions (Prohibition) Act, 1988?

Kindly advice in this regard, thanks in advance.
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Dr J C Vashista (Expert) 18 December 2015
Any law, including Benami Transactions (Prohibition) Act, 1988 is Applicable prospectively
P. Venu (Expert) 19 December 2015
Is the suit still pending?
Kmedu (Querist) 19 December 2015
Yes, still the suit is pending.
K.S.Srinivas (Expert) 24 December 2015
I go with the expert Dr.J.C.Vashista.

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