Transaction is not benami merely because husband supplied money to buy property in wife's name: Calcutta High Court

The Court said that even if it is proved that husband paid the consideration money, it has to be further proved that husband really intended to enjoy the full benefit of the title in him alone.
Calcutta High Court
Calcutta High Court

A transaction cannot be labelled a benami transaction merely because the husband bought the property in the name of the wife, the Calcutta High Court recently ruled [Sekhar Kumar Roy vs Lila Roy].

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