The Hon’ble Supreme Court of India in the matter of Union of India & Anr vs M/s Ganpati Dealcom Pvt Ltd (CA 5783 of 2022) has considered the matter of retroactive applicability of the Benami Transactions Prohibition (Amendment) Act, 2016 w.r.t to “benami transactions” in the intervening period of 05 September 1988 (Commencement of the … Continue reading SC Holds Benami Transactions Prohibition (Amendment) Act, 2016 to apply prospectively, leaves open challenge to Constitutional validity of the 2016 Amendment Act