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Section 6 — Prohibition on re-transfer of property by benamidar.

The Prohibition of Benami Property Transactions Act, 1988
1 [6. Prohibition on re-transfer of property by benamidar . --(1) No person, being a benamidar shall re-transfer the benami property held by him to the beneficial owner or any other person acting on his behalf. (2) Where any property is re-transferred in contravention of the provisions of sub-section (1) , the transaction of such property shall be deemed to be null and void. (3) The provisions of sub-sections (1) and (2) shall not apply to a transfer made in accordance with the provisions of section 190 of the Finance Act, 2016 (28 of 2016).]
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