Section 72 - Repeal and saving of Prohibition of Benami Property Transactions Act

[72.] (1) The Benami Transactions (Prohibition of the Right to Recover Property) Ordinance, 1988 (Ord. 2 of 1988) is hereby repealed.

(2) Notwithstanding such repeal, anything done or any action taken under the said Ordinance shall be deemed to have been done or taken under the corresponding provisions of this Act.

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Browse all sections of Prohibition of Benami Property Transactions Act

Section 1 - Short title, extent and commencement
Section 2 - Definitions
Section 3 - Prohibition of benami transactions
Section 4 - Prohibition of the right to recover property held benami.
Section 5 - Property held benami liable to confiscation
Section 6 - Prohibition on re-transfer of property by benamidar
Section 7 - Adjudicating Authority
Section 8 - Composition of Authority
Section 9 - Qualifications for appointment of Chairperson and Members
Section 10 - Constitution of Benches of Adjudicating Authority
Section 11 - Power of Adjudicating Authority to regulate its own procedure
Section 12 - Term of office of Chairperson and Members of Adjudicating Authority
Section 13 - Terms and conditions of services of Chairperson and Members of Adjudicating Authority
Section 14- Removal of Chairperson and Members of Adjudicating Authority
Section 15 - Member to act as Chairperson in certain circumstances
Section 16 - Vacancies, etc., not to invalidate proceedings of Adjudicating Authority
Section 17 - Officers and employees of Adjudicating Authority
Section 18 - Authorities and jurisdiction
Section 19 - Powers of authorities
Section 20 - Certain officers to assist in inquiry, etc
Section 21 - Power to call for information
Section 22 - Power of authority to impound documents
Section 23 - Power of authority to conduct inquiry, etc
Section 24 - Notice and attachment of property involved in benami transaction
Section 25 - Manner of service of notice
Section 26 - Adjudication of benami property
Section 27 - Confiscation and vesting of benami property
Section 28 - Management of properties confiscated
Section 29 - . Possession of the property
Section 30 - Establishment of Appellate Tribunal
Section 31 - Composition, etc., of Appellate Tribunal
Section 32 - Qualifications for appointment of Chairperson and Members of Appellate Tribunal
Section 33 - Terms and conditions of services of Chairperson and Members of Appellate Tribunal
Section 34 - Term of office of Chairperson and Members
Section 35 - Removal of Chairperson and Member from office in certain circumstances
Section 36 - Vacancies, etc., not to invalidate proceedings of Appellate Tribunal
Section 37 - Resignation and removal
Section 38 - Member to act as Chairperson in certain circumstances
Section 39 - Staff of Appellate Tribunal
Section 40 - Procedure and powers of Appellate Tribunal
Section 41 - Distribution of business amongst Benches of Appellate Tribunal
Section 42 - Power of Chairperson of Appellate Tribunal to transfer cases
Section 43 - Decision to be by majority
Section 44 - Members, etc., to be public servants
Section 45 - Bar of jurisdiction of civil courts
Section 46 - Appeals to Appellate Tribunal
Section 47 - Rectification of mistakes
Section 48 - Right to representation
Section 49 - Appeal to High Court
Section 50 - Special Courts
Section 51 - Application of Code of Criminal Procedure, 1973 to proceedings before Special Court
Section 52 - Appeal and revision
Section 53 - Penalty for benami transaction
Section 54 - Penalty for false information
Section 55 - Previous sanction
Section 56 - Repeal of provisions of certain Acts
Section 57 - Certain transfers to be null and void
Section 58 - Exemption
Section 59 - Power of Central Government to issue directions, etc
Section 60 - Application of other laws not barred
Section 61 - Offences to be non-cognizable
Section 62 - Offences by companies
Section 63 - Notice, etc., not to be invalid on certain grounds
Section 64 - Protection of action taken in good faith
Section 65 - Transfer of pending cases
Section 66 - Proceedings, etc., against legal representative
Section 67 - Act to have overriding effect
Section 68 - Power to make rules
Section 69 - Laying of rules and notifications before Parliament
Section 70 - Power to remove difficulties
Section 71 - Transitional provision
Section 72 - Repeal and saving

Section 72 - Repeal and saving of Prohibition of Benami Property Transactions Act

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