Law Reforms Ordinance, 1984

Law Reforms Ordinance, 1984

Section —5 (1)

Principle of any
Passed transaction

The law
was intended to prevent future ‘Benami’ transaction only. The section is never
intended to cover any ‘Benami’ transaction held before the law came into force.
Nor the law was made retrospective.

Birendra Nath Mondal
& Ors Vs. Dulal Chandra Mondal & Ors 13 BLT (HCD) 10.