Chapter - XVIII of CGST Rules, 2017
DEMANDS AND RECOVERY
RULE 151. Attachment of debts and shares, etc (corresponding section 79)
(1) A debt not secured by a negotiable instrument, a share in a corporation,
or other movable property not in the possession of the defaulter except for
property deposited in, or in the custody of any court shall be attached by a
written order in FORM GST DRC-16 prohibiting.-
(a) in the case of a debt, the creditor from recovering the debt and the debtor
from making payment thereof until the receipt of a further order from the proper
officer;
(b) in the case of a share, the person in whose name the share may be standing
from transferring the same or receiving any dividend thereon;
(c) in the case of any other movable property, the person in possession of the
same from giving it to the defaulter.
(2) A copy of such order shall be affixed on some conspicuous part of the office
of the proper officer, and another copy shall be sent, in the case of debt, to
the debtor, and in the case of shares, to the registered address of the
corporation and in the case of other movable property, to the person in
possession of the same.
(3) A debtor, prohibited under clause (a) of sub-rule (1), may pay the amount of
his debt to the proper officer, and such payment shall be deemed as paid to the
defaulter.