Legal Question in Real Estate Law in India
Clear cut reply needed.
I purchased property in the name of my son, however, by own funds & also takes the possession myself. Is it a sham transation , very much legal, or is IT a benami transation, totally illegal , in the eyes of law? CLEAR CUT ANSWER IS EXPECTED WITHOUT ANY IFS & BUTS. REGARDS.
Asked on 9/15/08, 1:47 am
2 Answers from Attorneys
Shrichand Nahar
S.V.Nahar, Advocate
Re: Clear cut reply needed.
Clear answer is possible only after reading all the documents and knowing all the facts in details.
Answered on 9/15/08, 2:25 am
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
Re: Clear cut reply needed.
the transaction is legal.
Answered on 9/15/08, 7:14 am
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