Whether a transaction was benami or not

Whether a transaction was benami or not

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BENAMI TRANSACTION
essential elements…..
Whether a transaction was benami or not was to be proved with five ingredients
First.source of consideration and its payment.
Second.motive for benami transaction
Third.real intention of parties
Fourth.possession of property
Fifth.possession and production of the document.

2016 YLR 2413

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