In a significant ruling, the Supreme Court of India, comprising Justice Abhay S. Oka and Justice Ujjal Bhuyan, reiterated the settled principle under Indian property law that an agreement for the sale of immovable property does not confer ownership rights unless a registered sale deed is executed. The case, Indian Overseas Bank v. M.A.S. Subramanian
An Agreement Alone Cannot Transfer Ownership of Immovable Property: Supreme Court
