(1.) Mr.Rahul Sharma, learned advocate appearing for the petitioner, submitted that the proceedings under the Prohibition of Benami Property Transactions Act, 1988 (hereinafter referred to as "the Act of 1988" ) have been initiated. Order under Sec. 24(3) of the Act of 1988 was passed on 20/3/2019.
(2.) It is submitted that provisional attachment order under Sec. 24(5) of the Act of 1988 has been passed on 14/6/2019 followed by order under Sec. 24(4) of the Act of 1988. It is submitted that the respondent No.3, has made a reference under Sec. 24(5) to the respondent No.2 requesting for confirmation of the provisional attachment order dtd. 14/6/2019.
(3.) It is next submitted that on 19/10/2020, since the copy of the rejoinder filed by the respondent No.3 was not provided, a request was made and the respondent No.3 undertook to provide the copy to the petitioner and the hearing was fixed on 4/11/2020. It is submitted that till date, no order has been passed. It is further submitted that by virtue of the provisions of sub-Sec. (7) of Sec. 26 the authorities, are not empowered to pass any order inasmuch as, sub-Sec. (7) provides that no order under sub-Sec. (3) shall be passed after the expiry of one year from the end of the month in which the reference of sub-Sec. (5) of Sec. 24 was received.