https://www.taxtmi.com/caselaws?id=764737 An agreement to sell, even with part payment, does not by itself create any interest, title or charge in immovable property; ownership passes only by a registered instrument, so the proposed purchaser acquires no proprietary interest to support attachment. The note further states that a transaction can be treated as benami only when the statutory ingredients are established on record, including proof of holding in another name and the requisite beneficial funding. On the material described, those ingredients were not proved, so the provisional attachment and its confirmation could not stand. 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 part payment, does not by itself create any interest, title or charge in immovable property; ownership passes only by a registered instrument, so the proposed purchaser acquires no proprietary interest to support attachment. The note further states that a transaction can be treated as benami only when the statutory ingredients are established on record, including proof of holding in another name and the requisite beneficial funding. On the material described, those ingredients were not proved, so the provisional attachment and its confirmation could not stand. Case-Laws Benami Property Thu, 09 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764737