SHYAMSUNDAR SHARMA vs ACIT/INITIATING OFFICER, BENAMI PROHIBITION UNIT-2, DELHI & ANR.

Judgment text excerpt

$~1 * IN THE HIGH COURT OF DELHI AT NEW DELHI % Date of Decision : 19.11.2025 + W.P.(C) 17000/2025 CM APPL. 69879/2025 SHYAMSUNDAR SHARMA .....Petitioner Through: Mr. Nitin Kanwar, Ms. Parul Kanwar, Mr. Rajiv Kumar, Mr. Dushyant Nayak, Mr. Shivam Jain and Mr.Jitendra Kumar, Advocates versus ACIT/INITIATING OFFICER, BENAMI PROHIBITION UNIT-2, DELHI & ANR. .....Respondent Through: Mr. Shlok Chandra, Sr. Standing Counsel, Ms. Naincy Jain, Jr. Standing Counsel and Ms. Madhavi Shukla, Jr. Standing Counsel, Advocates. CORAM: HON'BLE MR. JUSTICE V. KAMESWAR RAO HON'BLE MR. JUSTICE VINOD KUMAR VINOD KUMAR , J. (ORAL) 1. The petitioner has filed the present writ petition under Article 226 of the Constitution of India challenging a Show Signature Not Verified Digitally Signed By:PRAMOD KUMAR VATS W.P. (C) 17000/2025 Page 1 of 26 Signing Date:24.11.2025 15:56:03 Cause Notice issued under Section 24(1) dated 21.03.2025, Provisional Attachment Order under Section 24(3) dated 21.03.2025, Provisional Attachment Order under Section 24(4) dated 30.07.2025 and the consequent Notice issued by Adjudicating Authority under Section 26(1) dated 29.08.2025 issued under the Prohibition Of Benami Property Transactions Act, 1988 as amended by the Finance Act 2021 (in short ‘the Benami Act’). 2. This petition has been filed with the following prayer(s): “1. Issue a writ of CERTIORARI or any other appropriate writ, order or direction quashing the Impugned Show Cause Notice u/s 24(1) vide dated 21.03.2025, impugned Provisional Attachment Order u/s 24(3) dated 21.03.2025, and impugned Provisional Attachment Order u/s 24(4)(a)(i) dated 30.07.2025 and the consequent Notice u/s 26(1) dated 29.08.2025 of the Prohibition Of Benami Property Transactions Act, 1988, and other Consequential proceedings; 2. Is