Benami Transactions Act — Legal Precedents

Legal Precedents

Ganpati Dealcom Pvt. Ltd. v. Union of India

2021

The Supreme Court upheld the constitutional validity of the Benami Transactions (Prohibition) Amendment Act, 2016, rejecting challenges based on retrospective operation and…

Vardan Bhargava v. Union of India

2019

Delhi High Court clarified the scope of 'reason to believe' standard for Initiating Officers and emphasized the need for material evidence before property attachment. The judgment…

Rajesh Agarwal v. Adjudicating Authority

2020

The case established the principle that burden of proof in benami cases lies on the person claiming legitimate ownership, reversing the normal criminal law principle. This…

Sumati Singh v. Union of India

2022

Supreme Court ruling on the scope of family exemptions under Section 4, clarifying that exemptions apply only to legitimate family transactions and not to cases where family…