Section 29 of PBPT Act : Section 29: Possession Of The Property
PBPT Act
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Explanation using Example
Imagine a scenario where Mr. Sharma has a property that he claims to own, but an investigation reveals that it is actually a benami property, which means it is held in someone else's name but the benefit is for Mr. Sharma. The authorities have decided that this property was acquired through illegal means and have issued an order for its confiscation.
Under Section 29 of The Prohibition of Benami Property Transactions Act, 1988, the Administrator appointed by the government will now send a written notice to the person living in the property (who could be a tenant or a relative) instructing them to vacate and hand over the property within seven days.
If the occupant refuses to comply with this notice, or if there are reasons to believe that immediate action is needed, the Administrator has the authority to enlist the help of the local police to ensure the property is vacated and taken into the government's custody.