P.S. Ranakrishna Reddy vs M.K. Bhagyalakshmi And Anr on 20 February, 2007
In this context, the Supreme Court in Ranakrishna Reddy, P.S. v. M.K. Bhagayalakshmi , considered as to whether the parties to the agreement is entitled to sell the property or it is only an agreement of lease. While adjudicating the dispute, the Supreme Court at Paragraph 14, held as follows: