https://www.taxtmi.com/caselaws?id=781734 HC held that an unregistered Agreement to Sell does not transfer title under the TP Act and cannot confer any right, title, or interest in immovable property, relying on SC precedent in Suraj Lamp and Bombay HC in Crest Hotel. Since respondent 1 had no valid title over Flat No. 7A, Kingfisher Towers, which belonged to the company UBHL, the transactions between respondent 1 and UBHL were not bona fide. HC upheld the Enforcement Directorate's provisional attachment of the property as equivalent to proceeds of crime under PMLA, 2002, finding the official liquidator's no-objection to registration not bona fide. Appeal disposed. en-us Fri, 14 Nov 2025 00:00:00 +0530 Thu, 20 Nov 2025 08:42:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781734 HC held that an unregistered Agreement to Sell does not transfer title under the TP Act and cannot confer any right, title, or interest in immovable property, relying on SC precedent in Suraj Lamp and Bombay HC in Crest Hotel. Since respondent 1 had no valid title over Flat No. 7A, Kingfisher Towers, which belonged to the company UBHL, the transactions between respondent 1 and UBHL were not bona fide. HC upheld the Enforcement Directorate's provisional attachment of the property as equivalent to proceeds of crime under PMLA, 2002, finding the official liquidator's no-objection to registration not bona fide. Appeal disposed. Case-Laws Money Laundering Fri, 14 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781734