Power of attorney transactions are not benami transactions

FCS Deepak Pratap Singh , Last updated: 16 August 2019  
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Preamble; An Act to prohibit benami transactions and the right to recover property held benami and for matters connected therewith or incidental thereto. 'BENAMI' the word is combination of a Persian Words, as 'be' means without and 'nam' means name, i.e. 'Benami' means 'Without Name'. Benami, de

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Published by

FCS Deepak Pratap Singh
(Associate Vice President - Secretarial & Compliance (SBI General Insurance Co. Ltd.))
Category Corporate Law   Report

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