Section 2- Benami Transactions (Prohibition) Act, 1988Section 2- Benami Transactions (Prohibition) Act 1988Benami Transactions (Prohibition) Act
 
2. Definitions

In this Act, unless the context otherwise requires,-

(a) "Benami transaction" means any transaction in which property is transferred to one person for a consideration paid or provided by another person:

(b) "Prescribed" means prescribed by rules made under this Act;

(c) "Property" means property of any kind, whether movable or immovable, tangible or intangible, and includes any right or interest in such property.

 

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