Amendment status not verified — confirm the current text below against the official source.
(1) Where the property sold is movable movabla property of which actual seizure has been made, it Prop"* shall be delivered to the purchaser. dabrs and sm s. (2) Where the property sold is movable property in the possession of some person other than the certificate-debtor, the deIivery thereof to the purchaser shall be made by giving notice to the person in possession, prohibiting him from delivering possession of the property to any person except the purchaser. (3) Where the properly sold is a debt not secured by a negotia bIe instrument or is a share in a Corporation the delivery thereof shall be made by a written order OF the Certificate Officer prohibiting the creditor from - receiving the debt or any interest thereon, and the deb,tor from making payment thereof to any person except the purchaser, or prohibiting the person in whose name' the share may 'be, standing from making any -transfer of the share to any person except the purc.haser or receiving payment of any dividend or . . interest thereon, and the manager, secretary or other roper .officer of the Corporation from permitting any such tsansfek or making any such payment to any persoc except the purchaser. 36? ( 1 ) Where the execution of a docunlent, or Transfcrof , ncpotiablc the endorserileut ol' the party in whosc n z l T J w i,s,,,,,,, negotiable instrument or a share in a Cori~L~ra tion is ~ l l d sh:irc- standing, is required to transfer such ilego tia:)li; instru:ne;lt or sh:,rc, the CoIleztor, or suci~ 'olrtccr as he may appoint ill this be;::11F, nay excc:~tr: SI:CIL document or make such endorsemelii as ;i;njl 3e - necessary ; a112 such exec;lt ;on or endoise:i~er:t si=.:! 1 have thc s 2 3 e eXcct :IS aa eyecution or endorsane~l: by the party. (2) Such executi.-r~ 0; e~ldorsement rnay bz in the foIiowing form, namdiy :.-- A 3, by 12 5, &!I;.ctor of the district in a proceeding r;ader tile Orissa Public Denlands Recovery Act, IF52 against A, B. (3) Until the transfer of such n%otiable instrument or share, the Certificnte Officer may, by ordcr, appoint some person to receive any interest or dividend due thereon, and to sign n rzceipt for the same ; and any receipt so signed sIzall be as valid and effectual ior all purposes as if the same has been signed by the party himself.