Mere contract for sale of immovable property does not create any interest therein

SUPREME COURT OF INDIA Raheja Universal Ltd. v/s. NRC Ltd. CIVIL APPEAL NOS. 1920 TO 1923 OF 2012 FEBRUARY 7, 2012 JUDGMENT Swatanter Kumar , J  Leave granted in all cases. 1.1 An interesting question of law as to the ambit and scope of Section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985 (for short, the ‘Act of 1985’) and its overriding application over the provisions of Transfer of Property Act, 1882 (for short, the ‘Act of 1882’), with particular reference to Section 53A and Section 54 of the latter Act, arises for considerati...