Conditions for registration

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....ve shall execute a bond with the ^1[Principal Commissioner or  Commissioner, as  the case may be] of Customs for such amount  with such  surety and security as  deemed  appropriate  by the ^1A[Principal Commissioner or  Commissioner, as  the case may be], undertaking to protect the importer, consignee and the owner of the goods and t....

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....Property Laws or any Court of Law or Appellate Board, subsequent to its registration with the authorities under the Intellectual Property Law and in case of any such amendment, cancellation, suspension or revocation of the Intellectual Property Right during the validity of the notice registered under rule 4, the same shall be brought to the notice of the Commissioner of Customs by the right holder....