Certain transfers to be null and void

(1) Any transfer of properties, which are subject to proceedings under this Act, made by the holder of such property, shall be null and void unless the transfer is made in good faith and for consideration. (2) If the property is transferred in contravention of the provisions of sub-section (1), such transfer shall be deemed to be void and the property shall be liable to be confiscated. A Judge of a Special Court may act on the evidence recorded by his predecessor or predecessors or partly recorded by his predecessor or predecessors and partly recorded by himself.