In what manner and to whom the service of notice will be served under the Benami Transactions (Prohibition) Act, 1988?
CS Executive · Economic, Business and Commercial Laws · PYQS · June 2021
In what manner and to whom the service of notice will be served under the Benami Transactions (Prohibition) Act, 1988?
Answer & Explanation:
Section 25 of the Benami Transactions (Prohibition) Act, 1988 deals with the manner of service of notice. A notice under Section 24(1) may be served on the person named therein either by post or as if it were a summons issued by a Court under the Code of Civil Procedure, 1908. Any notice referred to above may be addressed--- in case of an individual, to such individual; in the case of a firm, to the managing partner or the manager of the firm; in the case of a Hindu undivided family, to karta or any member of such family; in the case of a company, to the principal officer thereof; in the case of any other association or body of individuals, to the principal officer or any member thereof; in the case of any other person (not being an individual), to the person who manages or controls his affairs.
Topics: Benami Transactions (Prohibition) Act, 1988
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