The Supreme Court of Hon`ble has indicated that no contract within the meaning of Article 53A is in force after 2001, unless the contract is registered. As is the case, and it is clear that the JDA in question has never been registered, given that the JDA has no effectiveness in the eyes of the law, it is obvious that no « transfer » could have taken place according to the aforementioned document. . The latter must be able to impose themselves, even if the admissibility of the application of such a right may be weighed against the application of that right. Beneficiaries, allegedly with the exception of the applicant: Urmila entered into a development contract in favour of respondent No. 11, and such performance of the agreement took place with the authorization of the defendant …, did not appear and did not sign the agreement in question. Defendant No. 11, on the basis of a clause authorising the assignment, its right, development and construction in favour of M/s. Abani Abasan resigns. Any profit or loss resulting from the transfer of capital assets is considered a capital gain or loss. . . .