The Benami Transactions (Prohibition) Act of 1988, which stipulates that engaging in benami transactions is punishable by a maximum jail term of three years, a fine, or both, was invalidated by the Supreme Court on Tuesday.
The Benami Transactions (Prohibition) Act of 1988, which stipulates that engaging in benami transactions is punishable by a maximum jail term of three years, a fine, or both, was invalidated by the Supreme Court on Tuesday.
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