https://www.taxtmi.com/caselaws?id=764738 An agreement to sell and part payment did not create any interest, title, or charge in immovable property under Section 54 of the Transfer of Property Act, 1882. Where sale deeds were not executed and the properties remained with the builder, the alleged benamidars could not be treated as holding title or proprietary interest. The record also did not establish that consideration was provided by the alleged beneficial owner or that the essential nexus for a benami transaction existed under the Prohibition of Benami Property Transactions Act, 1988. On that basis, the transactions were not proved to be benami and the properties were not liable to be treated as benami property. en-us Thu, 09 Jan 2025 00:00:00 +0530 Fri, 17 Jan 2025 08:45:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764738 An agreement to sell and part payment did not create any interest, title, or charge in immovable property under Section 54 of the Transfer of Property Act, 1882. Where sale deeds were not executed and the properties remained with the builder, the alleged benamidars could not be treated as holding title or proprietary interest. The record also did not establish that consideration was provided by the alleged beneficial owner or that the essential nexus for a benami transaction existed under the Prohibition of Benami Property Transactions Act, 1988. On that basis, the transactions were not proved to be benami and the properties were not liable to be treated as benami property. Case-Laws Benami Property Thu, 09 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764738