HC on Husband-Wife and Benami Property Transaction: Realty Not Benami Just Because Husband Bought Assets in Wife’s Name, Says Calcutta High Court
The Calcutta High Court observed that purchasing property in a wife's name by a husband, even if he provides the funds, does not necessarily constitute a benami transaction.
The Calcutta High Court observed that purchasing property in a wife's name by a husband, even if he provides the funds, does not necessarily constitute a benami transaction. The court, consisting of Justice Tapabrata Chakraborty and Justice Partha Sarthi Chatterjee, emphasised that in Indian society if a husband provides the funds for acquiring property in his wife's name, it does not automatically imply a benami transaction. HC on Sex Offence Case: High Court Should Avoid Interfering in Matters of Sexual Offence Against Women and Children, Says Allahabad High Court.
HC on Benami Property Transaction
Transaction is not benami merely because husband supplied money to buy property in wife's name: Calcutta High Court
report by @NarsiBenwal https://t.co/I0EmgDpJfd
— Bar & Bench (@barandbench) June 15, 2023
(The above story first appeared on LatestLY on Jun 15, 2023 04:02 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
