https://www.taxtmi.com/acts?id=29804 Attachment of a debt not secured by a negotiable instrument, a share in a corporation, or other movable property not in the possession of the defaulter is effected by a written order in FORM GST DRC-16. The order prohibits, in the case of a debt, the creditor from recovering the debt and the debtor from making payment; in the case of a share, the person in whose name the share stands from transferring it or receiving dividends; and in the case of other movable property, the person in possession from delivering it to the defaulter. Property deposited in, or in the custody of, any court is excluded from this mode of attachment. en-us Wed, 05 Jul 2017 15:39:10 +0530 Sat, 27 Jun 2026 13:57:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=29804 Attachment of a debt not secured by a negotiable instrument, a share in a corporation, or other movable property not in the possession of the defaulter is effected by a written order in FORM GST DRC-16. The order prohibits, in the case of a debt, the creditor from recovering the debt and the debtor from making payment; in the case of a share, the person in whose name the share stands from transferring it or receiving dividends; and in the case of other movable property, the person in possession from delivering it to the defaulter. Property deposited in, or in the custody of, any court is excluded from this mode of attachment. Act-Rules GST Wed, 05 Jul 2017 15:39:10 +0530 https://www.taxtmi.com/acts?id=29804