No benami transaction complaint in State

Date:

Share post:

spot_imgspot_img

SHILLONG: Despite many cases of benami transactions in the State, not a single complaint has been lodged with the Government in the last 33 years.

Government had enacted Meghalaya (Benami Transaction Prohibition) Act 1980 to prevent illegal business practices through benami system.

The Act assumes significance in the context of the demand of the pressure groups to implement ILP system to regulate influx of outsiders.

No complaint has come from those who are engaging in benami transactions with the non indigenous persons so far as the transaction had benefitted both the parties.

An amendment to the Act was brought by Government in 1985.

Though the issue of revisiting the Act was raised by legislators Paul Lyngdoh and Ardent Basaiawmoit in the Assembly session held in April, there was no favourable reply from Government.

In his reply, Chief Minister Dr Mukul Sangma had said that people have to take cognize of the Act.

Previous article
Next article
spot_imgspot_img

Related articles

J&K L-G Manoj Sinha chairs high-level security meet after Anantnag terror attack

Srinagar, July 23 : In the aftermath of the terrorist attack in Anantnag town in which one policeman...

SC cancels Sonam Raghuvanshi’s bail in Raja honeymoon murder case, orders surrender in 3 weeks

New Delhi, July 23 : The Supreme Court on Thursday set aside the bail granted to Sonam Raghuvanshi,...

TN records higher revenue in first quarter despite drop in Central grants

Chennai, July 23 : Tamil Nadu recorded a modest increase in its overall revenue receipts during the first...

AIU recovers over 700 red-eared slider turtles at Kolkata Airport from passenger coming from Bangkok

Kolkata, July 23: The officials of the Air Intelligence Unit (AIU) of the Indian Customs Department, on Wednesday...