DELHI MOTOR COMPANY AND ORS. vs U.A. BASRURKAR AND ORS.

The Supreme Court held that the documents executed between the appellant firm and the respondent company constituted a lease that required registration under Section 107 of the Transfer of Property Act, 1882, as the lease was for a term exceeding one year. The Court ruled that since the documents were unregistered, the firm could not claim rights based on them. Additionally, the Court clarified that Section 53A of the Transfer of Property Act does not apply to confer rights on a lessee who has not taken possession, thus affirming the High Court's dismissal of the firm's suit.