Nameless, fictitious, fraudulent; as a purchase under a false name, or land held in another name than that of real proprietor. [Wilson’s Glossary]

The word “Benami” is of Persian origin made of two words “be” and “nam” meaning “no name” that is nameless or fictitious. The nominal owner is the “Benamidar”. The simple of “Benami” is that purchaser desires to buy property but does not desire to buy in his own name and therefore buys it in the name of someone else. A benami transaction has been described shortly as one in which the real owner of the property allows it to appear in the name of an obstensible owner under a sort of secret trust. [4 BLC 17] [Rotofrusy on Civil Law and Rulings, Vol.1, p. 115]