(1) All further proceedings in suits and applications of the nature mentioned in section 3 in which relief is claimed against an agriculturist, landless labourer or artisan not, being proceedings for the amendment of pleading or for the addition, substitution, or the striking off of parties, but otherwise inclusive of proceedings consequent on orders or decrees made in appeals, revision petitions, or applications for review, shall subject to the provisions of sub-section (2) stand stayed until the expiry of a year from the date of the commencement of the Act or such further period not exceeding one year as the State Government may if they are satisfied that there are sufficient grounds for doing so, by notification in the Telangana Gazette, specify in this behalf, so however, that the aggregate period including the further period so specified shall not exceed two years:
Provided that, in regard to property under attachment, the court may pass such orders as it deems necessary for the custody or preservation of the property or for the sale of such property if it is subject to speedy or natural decay, or, if in respect of it, the expenses of custody or preservation are considered excessive.
(2) On an application made by the defendant or the respondent or by all the defendants or all the respondents, as the case may be, the stay of all further proceedings in suit or application, effected by sub-section (1) shall be dissolved and the suit or application shall be proceeded with from the stage which had been reached when further proceedings in the suit or the application were stayed.