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<h1>Form 1: Managing Confiscated Movable Property Under Benami Property Transactions Rules 2016, Requires Detailed Recording and Verification.</h1> Form 1 under the Prohibition of Benami Property Transactions Rules, 2016, pertains to the management of confiscated movable property. It includes fields for recording the order number, date of receipt, description, and estimated value of the properties. The form also requires details of the benamidar and beneficial owner, if known, and the name and address of the Treasury or bank where the properties are stored. Additionally, it records the date, time, and receipt number of the deposit, along with any remarks from the Administrator, who must sign, date, and seal the form.