Help sought to frame rule on benami property act
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Delhi

Help sought to frame rule on benami property act

Last Updated: Wednesday, August 03, 2011, 18:04
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New Delhi: The Delhi High Court on Wednesday sought assistance of the Union government's law officer for deciding a plea for framing rules to appoint a competent authority to take over benami properties under provisions of the Benami Transaction (Prohibition) Act.

The petition filed by advocate Shanmuga Patra pointed out that the law to curtail the sale and purchase of properties by corrupt persons with their ill-gotten wealth in names of people unrelated to them, despite having been enacted over 23 years ago has virtually been rendered defunct for want of relevant rules to enforce the crucial provision.

Seeking Additional Solicitor General A S Chandhiok's help in deciding the issue, a bench of Chief Justice Dipak Misra and Justice Sanjiv Khanna slated the matter for hearing on September 7 and asked Patra to supply a copy of his petition to the law officer.

A single judge bench of the high court earlier had referred the matter to Chief Justice Misra, saying "the issue relates to public interest".

Patra moved the court seeking direction to the Finance Ministry to frame rules under the Benami Transaction (Prohibition) Act, 1988 for appointment of the authority.

"The Centre, under the scheme of the Constitution, is not permitted to indefinitely delay the framing of Rules enabling realisation of goals envisaged under the Act. In the instant case, the Centre has delayed it by 23 years," the petitioner said.

The Centre, acting on a Law Commission report, had passed the Act on September 5, 1988, Patra said, adding that the requisite rules for appointing the competent authority which can take over the benami properties have not been framed.

"Whether the prevailing situation in the country, with a sad state of economic frauds all around, is not enough to open eyes of the Centre to the need of translating legislative intent behind the Act into a reality by framing rules," the petitioner asked.

PTI

First Published: Wednesday, August 03, 2011, 18:04

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D.N.MAKHIJA - DELHI-(INDIA)
some of the builders/investers buy the property in the names of their staff like electrician/plumber/carpenters/ and etc....they provide them accomodation as they have many properties.. they get them ration card/i cads...they help them to open bank account....they provide mobile phones to them......if any raids takes place then they will ask them to disappear from the area...they do not stock money at home......ultimately ..income tax will fail......
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