Amendment to Prohibition of Benami Property Transactions Act, 1988 – Prospective or retrospective?

Deific Abode LLP Vs Union of India (Calcutta High Court)

The fundamental point of contention, as advanced by Mr. Khaitan, learned Senior Advocate, appearing on behalf of the petitioners, is the unconscionable and illegal ‘retrospective applicability’ of the 1988 Act, leading to these proceedings.

When the matter was last taken up, Mr. Khaitan had conspicuously drawn my attention to the Division Bench judgment of this Court rendered in Please become a Premium member. If you are already a Premium member, login here to access the full content.