Benami Prohibition Act | Vicarious Liability Cannot be Invoked Without Specific Averments of Active Role: Madras High Court

The Madras High Court has discharged a female partner in a partnership firm from prosecution under the Prohibition of Benami Property Transactions Act, 1988 (PBPT Act), ruling that she cannot be held vicariously liable without specific averments regarding her role in the conduct of the business. However, the Court upheld the prosecution against the firm

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