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Can Benami Transactions (Prohibition) Amendment Act, 2016, be applied retrospectively? #SupremeCourt to rule today

CJI NV Ramana led bench to deliver judgment in a plea preferred by Centre against a Calcutta HC order holding that that 2016 amendment Act was prospective in nature
SC: It is a very lengthy judgment. Lot of efforts were put in this.

#BenamiTransactions
SC: Indian jurisprudence has matured and it is manifest that courts have read down any such provision which hampers the criminal justice system. We can only recommend that utility of independent forfeiture provision needs to be used cautiously

#BenamiTransactions
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