SC recalls 2022 verdict striking down Benami Property Act provisions

Declares two key provisions of the Act unconstitutional

In a significant legal reversal, the Supreme Court on Friday recalled its 2022 verdict that had declared two key provisions of the Benami Property Transactions Act unconstitutional.

The bench, led by Chief Justice of India D Y Chandrachud and including Justices P S Narasimha and Manoj Misra, allowed the Centre's review petition against the August 23, 2022 judgement. The earlier verdict, delivered by a three-judge bench headed by former CJI N V Ramana, had struck down Sections 3(2) and 5 of the Prohibition of Benami Property Transactions Act, 1988, deeming them “manifestly arbitrary.”