https://www.taxtmi.com/caselaws?id=468445 An agreement to sell immovable property does not, by itself, create any interest, title, or charge; title passes only by a registered conveyance, so the proposed purchaser acquired no proprietary right where only part consideration was paid and no sale deed executed. A benami finding under the Prohibition of Benami Property Transactions Act, 1988 requires affirmative proof that the property was held in one person's name for the benefit of another and that the statutory ingredients are satisfied on evidence; on the record, those elements were not established. The provisional attachment was therefore held unsustainable and the impugned order was set aside. en-us Thu, 09 Jan 2025 00:00:00 +0530 Wed, 06 May 2026 18:55:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468445 An agreement to sell immovable property does not, by itself, create any interest, title, or charge; title passes only by a registered conveyance, so the proposed purchaser acquired no proprietary right where only part consideration was paid and no sale deed executed. A benami finding under the Prohibition of Benami Property Transactions Act, 1988 requires affirmative proof that the property was held in one person's name for the benefit of another and that the statutory ingredients are satisfied on evidence; on the record, those elements were not established. The provisional attachment was therefore held unsustainable and the impugned order was set aside. Case-Laws FEMA Thu, 09 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468445