With reference to the ‘Prohibition of Benami Property Transactions Act, 1988 (PBPT Act)’, consider the following statements:
1. A property transaction is not treated as a benami transaction if the owner of the property is not aware of the transaction.
2. Properties held benami are liable for confiscation by the Government.
3. The Act provides for three authorities for investigations but does not provide for any appellate mechanism.
Which of the statements given above is/are correct?
Act provides is an appellate tribunal, and they’re required to finish case within one year. B is most appropriate because IT dept (=therefore Government) can seize the benami properties.
Which of the following is role of conciliator as per Arbitration and Conciliation Act, 1996?
Whoever commits a criminal conspiracy other than offences punishable with death, imprisonment for life or rigorous imprisonment of 2 years or upwards is...
In order to apply the doctrine of Res-Judicata, which of the following is “former suit”?
A re-examination of a case for lack of jurisdiction made by a higher court is?
Which section of IT Act 2000 deals with the punishment for cheating by impersonation by using computer resources?
If the trustee does not want to accept the trust property he may
Any private person may arrest any person who:
As per SAT(Procedure) Rules 2000, a memorandum of appeal sent by post shall be deemed to have been presented in the registry
Which section of the Contract Ac delas with the provisions of effect of neglect of promisee to afford promisor reasonable facilities for performance?
Any application for which no period of application is provided can be filed within: