Legal Question in Real Estate Law in India
BENAMI law in india
I have purchases property in the name of my son BUT with my own resources & took the possession myself. The intention is that the property is 4 the use of the entire family & Not 4 the exclusive use of my said son.IS the transation illegal under PROHIBITION OF BENAMI TRANSATION ACT 1988?Who is the real owner in the eyes of law? Reply by looking into the legal position as HELD in AIR 1989 KERALA 317
Asked on 9/19/08, 11:33 pm
2 Answers from Attorneys
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
Re: BENAMI law in india
You have mentioned this issue several times with different wordings.
Your son is the real owner in the eyes of law. However, you can file a suit and seek a declaration that you are the real owner.
Answered on 9/19/08, 11:49 pm
Shrichand Nahar
S.V.Nahar, Advocate
Re: BENAMI law in india
How many times you would ask same question?
Answered on 9/20/08, 2:30 am
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