PBPT Act 6Chapter II · Prohibition of Benami Transactions
Section 6 · Prohibition on re-transfer of property by benamidar
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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).]
(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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