Tuesday, September 20, 2011

Re: [HumJanenge] How to stop Benami Transactions which is the main source of use of black money.

Sant Mathur is right
The rules were deliberately not framed in tune with the mendacity that this Govt displays all the time
Vittal as CVC had highlighted it so often
Governnment will frame rules  when all the horses have bolted
as they did in ratifying the UN Convention on Corruption after 
ensuring with the Swiss that past cases will not be looked into!!
Read Jwethmalani for details.


Raj

On Mon, Sep 19, 2011 at 12:26 PM, Sant Mathur <santmathur@gmail.com> wrote:
Wantonly Rules were not frammed to let the Law be implemented.
Just requires repeated hundreds of letters to media/MPs/NGOs/NAC to get their attention invited to the issue.
Under RTI the state of formation of Rules and reasons for delay could be elicited.In fact copies of file notings could be got for better enlightenment.
MOST URGENTLY REQD.
SPM

On Sun, Sep 18, 2011 at 10:21 PM, Vijendra singh <vijendra5558@gmail.com> wrote:
There may be some ways----First;  Public may  request to , & Cooperate with Anna Hazare
to  put such public demand before the  corrupt govts.
Second way may be by filing  RTI applications  whenever public  come to know about  the specific benami transactions.
Vijendra Singh,  Meerut

On Sat, Sep 17, 2011 at 9:55 PM, M K Singhal <mk.singhal@yahoo.co.in> wrote:
Benami transactions are being practised in India since long. Benami transaction is one in which a property is purchased in the name of one person but its consideration is paid by some other person. The former is only a nominal owner while the later is the real owner. Legal recognition to benami transactions was accorded by The Transfer Of Property Act, 1882. Since benami transactions were resulting in large scale use of black money, a Benami Transactions Prohibitions Act (BTPA) was passed by Govt Of India in 1988. It empowered govt to confiscate benami property. But it was never implemented property.  Only recently, Bihar started implementing it to curb corruption. Can someone advise as to how could govt be pressurised to implement BTPA 1988 effectively, may be by filing a writ in appropriate court. It would be a great deterrant in our fight against corruption.
mksinghal



--
Vijendra Singh
E-19, Janakpuri,
Ajanta Colony, garh road,
Meerut-250004
UP


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