Contractor’s statement alone insufficient to establish a transaction as benami

Smt. Meera Pandey Vs Union of India (Allahabad High Court) In the case of Smt. Meera Pandey Vs Union of India, the Allahabad High Court has made a significant ruling, quashing benami transaction proceedings initiated against the petitioner. The judgment highlights the importance of substantial evidence in such cases, emphasizing that a contractor’s statement alone is insufficient to establish a transaction as benami. The petitioner challenged a show cause notice and provisional attachment order issued under the Prohibition of Benami Property Transactions Act, 1988. The court examined the...