Thu Apr 02 19:32:30 UTC 2026: # Sasikala’s Benami Property Case Dismissed by Madras High Court

The Story:
The Madras High Court has dismissed a case filed by V.S.J. Dinakaran, alleged to be a benamidar (proxy) of All India Puratchi Thalaivar Makkal Munnetra Kazhagam leader V.K. Sasikala, against an order passed by an Appellate Tribunal under the Prohibition of Benami Property Transactions Act of 1988. The court upheld the tribunal’s decision to condone a 763-day delay by the Income Tax department in filing an appeal against Dinakaran. The case revolves around allegations that Sasikala used ₹1,911 crore of demonetized currency after the 2016 demonetization to purchase properties.

Key Points:

  • The Madras High Court dismissed Dinakaran’s petition challenging the Appellate Tribunal’s decision.
  • The Appellate Tribunal condoned a 763-day delay by the Income Tax department in filing an appeal.
  • The case originates from allegations that Sasikala used demonetized currency to purchase properties after the 2016 demonetization.
  • The Income Tax department suspected Sasikala used parole in 2017 to manage alleged financial transactions.
  • The investigation revealed alleged transactions involving demonetized currency notes stored at various locations, including the Kodanad Estate.

Key Takeaways:

  • The Madras High Court’s decision strengthens the legal pursuit of alleged benami properties linked to V.K. Sasikala.
  • The condoning of the delay suggests the court prioritized the substance of the case over procedural technicalities.
  • The case highlights the continued scrutiny of financial dealings following the 2016 demonetization.

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