https://www.taxtmi.com/caselaws?id=764737 An agreement to sell, even with partial payment, does not create any interest, title, or charge in immovable property; ownership passes only through a registered instrument. The proposed purchaser therefore lacked a proprietary interest capable of supporting attachment under benami law. A benami transaction also requires proof that property is transferred to or held by an alleged benamidar and that the beneficial owner provided consideration as required by statute. As those elements were not established, the transaction was not benami and the provisional attachment and its confirmation were set aside. 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=764737 An agreement to sell, even with partial payment, does not create any interest, title, or charge in immovable property; ownership passes only through a registered instrument. The proposed purchaser therefore lacked a proprietary interest capable of supporting attachment under benami law. A benami transaction also requires proof that property is transferred to or held by an alleged benamidar and that the beneficial owner provided consideration as required by statute. As those elements were not established, the transaction was not benami and the provisional attachment and its confirmation were set aside. Case-Laws Benami Property Thu, 09 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764737