Shyamsundar Sharma vs Acit/Initiating Officer, Benami ...

ik-162539171 Delhi High Court 19 November 2025 • 25 min read

Judges (2)

V. Kameswar Rao Coram Vinod Kumar Delivered

Counsel (9)

Dushyant Nayak Counsel Petitioner Jitendra Kumar Counsel Petitioner Madhavi Shukla Counsel Respondent Naincy Jain Counsel Respondent Nitin Kanwar Counsel Petitioner Parul Kanwar Counsel Petitioner Rajiv Kumar Counsel Petitioner Shivam Jain Counsel Petitioner Shlok Chandra Counsel Respondent

Parties (2)

ACIT/Initiating Officer, Benami Prohibition Unit-2, Delhi Respondent Shyamsundar Sharma Petitioner

Case Significance

Shyamsundar Sharma vs Acit/Initiating Officer, Benami ... is a Delhi High Court decision dated November 19, 2025 (citation: ik-162539171). Shyamsundar Sharma challenged a show cause notice and provisional attachment orders under the Prohibition of Benami Property Transactions Act 1988 (as amended 2016), contending that the attachment of all his bank accounts left him unable to pay salaries or conduct normal business. The court dismissed the writ petition, holding that the petitioner should raise his plea regarding bank account attachments before the Adjudicating Authority who is empowered to revoke attachment orders under Sectio The bench comprised Justices V. Kameswar Rao and Vinod Kumar. The judgment was delivered by Justice Vinod Kumar.

Summary

Shyamsundar Sharma challenged a show cause notice and provisional attachment orders under the Prohibition of Benami Property Transactions Act 1988 (as amended 2016), contending that the attachment of all his bank accounts left him unable to pay salaries or conduct normal business. The court dismissed the writ petition, holding that the petitioner should raise his plea regarding bank account attachments before the Adjudicating Authority who is empowered to revoke attachment orders under Section 26 of the Benami Act. All observations were made without affecting the adjudicating process.

What was the outcome of Shyamsundar Sharma vs Acit/Initiating Officer, Benami ...?

Shyamsundar Sharma challenged a show cause notice and provisional attachment orders under the Prohibition of Benami Property Transactions Act 1988 (as amended 2016), contending that the attachment of ...

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-162539171)