Attachment of property before award etc

("Attachment of property before award etc.")

1. (1) Where the Registrar is satisfied on a reference made to him under Section 61 or on an inquiry made under Section 51, or an inspection made under Section 52 or 53, or an examination of an auditor’s report under Section 50, that any person with intent to defeat or delay the execution of any decision that may be passed thereon is about to dispose of the whole or any part of his property, the Registrar may, unless adequate security is furnished, direct the conditional attachment of the said property or such part thereof as he thinks necessary; and such attachment, if effected by him, shall have the same effect as if it had been made by a competent Civil Court.
2. (2) Under the provisions of this section, it shall be open to the Registrar to attach any property, if he is satisfied that the person with intent to defeat or delay the execution of any decision, is about to dispose of the whole or any part of the property.