14AD. Bar on transfer of immoveable property. — (1) Where the person fails to obtain registration within fifteen days from issuance of order under sub-section (4) of section 14AC, the Chief Commissioner shall constitute a committee comprising the Chief Commissioner, Commissioner and one member from the Chamber of Commerce or a

Trade Associations, as the case may be.

(2)          The committee shall issue a notice to such unregistered person which shall also be prominently displayed at the business premises of the person.