PART XVIII - ENFORCEMENT AND EXECUTION CHAPTER 3 - EXECUTION
Section 160. Seizure and sale.
The following provisions shall apply when execution is ordered by seizure and sale of any property:
(a) the bailiff shall-
(i) subject as hereinafter provided, take the property and place it under his custody;
(ii) if the property consists of shares, stocks, debentures or bonds not transferable by delivery, in any loan or fund, serve on the appropriate authority and the judgment debtor a copy of the order of execution in Form MS 36 together with sufficient particulars of the shares, stocks, debentures or bonds seized;
(b) after seizure of the property any transfer or disposal of the property, otherwise than by leave of the Court, shall be void;
(c) at any time before sale, the judgment creditor may request the bailiff to release any specified property and such release shall not be deemed as an abandonment of the execution as a whole;
(d) at any time before sale, the judgment creditor may abandon the execution, and the bailiff shall thereupon return the order for execution to the Court;
(e) the bailiff shall, unless the property seized be money, proceed to sell the same in accordance with the provisions of this Part.