𝗡𝗲𝘄 𝗿𝘂𝗹𝗶𝗻𝗴 𝗼𝗻 𝗕𝗲𝗻𝗮𝗺𝗶 𝗹𝗮𝘄 𝗺𝗮𝘆 𝘂𝗻𝗲𝗮𝗿𝘁𝗵 𝗼𝗹𝗱 𝗱𝗲𝗮𝗹𝘀 𝗿𝗲𝗽𝗼𝗿𝘁𝘀 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗧𝗶𝗺𝗲𝘀

A single word, largely overlooked, in the tough 'Benami' law can exhume old ghosts. The past sins can come back to haunt a 'benamidar' and its partner in crime if an old deal, which may have been cut years ago, is still alive.

Even if a benami transaction had happened long before November 2016, when the new, amended statute came into force, the parties would face the wrath of the law today if the property or asset in question is still being 'held', according to a recent ruling.