What is the procedure for confiscation of Benami property?

Ans. The procedure for attachment, adjudication and confiscation of benami property is explained in Sections 24 to 29 of the PBPT Act.

• Notice and attachment of property involved in Benami transaction (Section 24)
• Manner of service of notice (Section 25)
• Adjudication of Benami property (Section 26)
• Confiscation and vesting of Benami property (Section 27)
• Management of properties confiscated (Section 28)
• Possession of the property (Section 29)

The authorities shall follow the above procedure to confiscate the Benami property.​