Understanding the Dual Ownership Structure: a Study on Ostensible Owner and Benamidar

Ostensible owner and Benamidar are identical twins with their very own identity. ownership transactions two notions in Indian property law that entail concealed ownership, although they have distinct legal ramifications. The article opens by describing transactions, as well providing a historical backdrop for development law. concepts legislation relating to each notion addressed, including the theory of estoppel case Benami Transactions (Prohibition) Act, 1988 transactions. transactions' dual structure brings out intricate nature governing principles. seeks shield uninvolved parties, but under law, Benami/ strictly forbidden frequently used illegal activities. primary distinction between conceptions is found transaction's intent. idea underpins which protects innocent third parties who rely on seeming property. other hand, prohibited Act 1988. paper explores not just defined Transfer Property act, 1882, also underlying principles behind these conceptions, parallels differences.