NCLT: Suspended Directors Who are Prospective Resolution Applicants Cann’t Access Valuation Reports  ||  Supreme Court Clarifies Test For Granting Bail to Accused Added at Trial under Section 319 CrPC  ||  SC: Fresh Notification For Vijayawada ACB Police Station not Required After AP Bifurcation  ||  SC: Studying in a Government Institute Does Not Create an Automatic Right to a Government Job  ||  NCLT Mumbai: CIRP Claims Cannot Invoke the 12-Year Limitation Period For Enforcing Mortgage Rights  ||  NCLAT: Misnaming Guarantor as 'Director' in SARFAESI Notice Doesn't Void Guarantee Invocation  ||  Jharkhand HC: Mere Breach of Compromise Terms by an Accused Does Not Justify Bail Cancellation  ||  Cal HC: Banks Cannot Freeze a Company's Accounts Solely Due To ROC Labeling a 'Management Dispute'  ||  Rajasthan HC: Father’s Rape of His Daughter Transcends Ordinary Crime; Victim’s Testimony Suffices  ||  Delhi HC: Judge Who Reserved Judgment Must Deliver Verdict Despite Transfer; Successor Can't Rehear    

Madras HC: Benami Transactions (Prohibition) Amendment Act, 2016 Can Be Applied Retrospectively - (06 Sep 2021)

CIVIL

Madras High Court has opined that in respect of the benami transactions entered into prior to the Benami Transactions (Prohibition) Amendment Act, 2016, coming into force on 01.11.2016, the provisional attachment under Section 24 was valid and in accordance with law. The Court has held that Section 1 (3) clarified that the other provisions of the amended Act shall be deemed to have come into force on the May 19, 1988.

Tags : MADRAS HIGH COURT   BENAMI TRANSACTIONS (PROHIBITION) AMENDMENT ACT   2016  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved