(l) The authorized officer shall serve a notice on all the concerned parties for taking possession of immovable property in Form L appended to these rules and affix the same at conspicuous part of such property and shall also be served by publication in 8 locaJ newspaper.
(2) The authorized officer, for taking possession of property which is in the nature of productive asset, shall serve a notice on all concerned parties in Form 11, appended to these rules and affix the same at conspicuous pari or such property and such notice shall also be publishe in a 10caJ newspaper.
7. Confirmed attached property in the custody of courL-(l) Where the confirmed attached property is in the custody of any court, the authorized officer shall make an application to such court by providing a copy of the provisional attachment order issued under sub-section (1) of section 5 and the order under sub-section (3) of section 8 passed by the Adjudication Authority.
124 The Prevention of Money-laundering (Taking Possession of Attached or [Reg. -, Frozen Properties Confirmed by the Adjudicating Authority) Rules. 2013
(2) 1I1e application referred to in sub-rule (1) shall contain a relief thal such properly and any interest or dividend payable thereon may be released in favour of the Directorate of Enforcement.
S. onfirmed attached property hypothecated or mortgaged or pledged to bank, financial institutions, etc.-Where the confirmed attached property is hypothecated or mortgaged or pledged to any bank, financial institution, etc., the authorised officer shall direct such bank, financial institution, etc.. that such property and any interest Of dividend payable thereon shall be retained subject to further orders of the authorised officer.
9. Maintenance of registers for confirmed attached property.·-(l) The authorized officer shall maintain a register containing the details in Form III for recording entries in respect of movable property.
(2) The Authorized Officer shall maintain a register containing the details in Form IV for recording entries in respect of immovable property.