Attachment of negotiable instruments
Full Text
Where the property is a negotiable instrument not deposited in a Court, nor in the custody of a public officer, the attachment shall be made by actual seizure, and the instrument shall be brought into Court and held subject to further orders of the Court.
Plain English Summary
Mandates attachment of negotiable instruments not in court or public custody by actual physical seizure and safekeeping in the court's registry.
Key Legal Elements
- Actual Physical Seizure: Bailiff physically takes custody of the original paper instrument.
- Deposit in Court Registry: Document deposited in judicial malkhana/safe custody.
- Prevents Negotiation: Physical custody prevents judgment-debtor from endorsing to holder in due course.
Practical Note
Safeguarding Negotiable Paper: Actual physical possession is essential to defeat the rights of potential 'holders in due course' under the Negotiable Instruments Act, 1881. Once seized under Rule 51, invoke Rule 46-I to recover from the maker.
हिंदी पाठ
जहां संपत्ति कोई ऐसी परक्राम्य लिखत (Negotiable instrument) है जो किसी न्यायालय में जमा नहीं है और न ही किसी लोक अधिकारी की अभिरक्षा में है, वहां कुर्की वास्तविक अभिग्रहण (Actual seizure) द्वारा की जाएगी, और लिखत को न्यायालय में लाया जाएगा और न्यायालय के अतिरिक्त आदेशों के अधीन रखा जाएगा।