Section 254
Property Deemed To Be Movable
The following property shall be
deemed to be a movable property:
(a) Cash or goods that can be transacted as cash or foreign
currency,
(b) Gold, silver, jewelry, Ratna, gold or silver ornament or
precious stone,
(c) Other good that can be moved from one place to
another, except those referred in clause (a) or (b),
(d) A bond, security, promissory note, bill of exchange,
letter of credit or other negotiable instrument or a
benefit derived therefrom,
(e) Intellectual property,
(f) A right in security,
(g) A trade good-will or franchise,
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(h) A property other than the immovable property.