4. The term ‘Receiver’ has not been defined by the Code of Civil
Procedure 1908. According to Kerr, “an impartial person appointed by
the court to collect and receive, pending the proceeding, the rents,
issues and profit of land or personal estate, which it does not seem
reasonable to the court that either party should collect or receive, or for
enabling the same to be distributed among the persons entitled’’
5. The Court may be appointed to receiver for just & convenient A receiver of
any property is appointed before or after decree, which is given bellows;
such as,
To the save of property
To remove any person from his possession
To save from the destroy & loss or transfer
To justify of the prima facie title of the defendant
To save of the collect of the rent & profit
To establish peace
6. There must present securities
There must present account
There must Payment to receive money
There must not to negligence
There must save any property from the damages or loss
There must save account balance
7. There must not to benefit from that property
There must not to Buy
There must not to lease
There must not to transfer
There must not to interest
8. The Court shall be given to the remuneration for the service of the
receiver because get to remuneration his rights.
9. After appointed, Receiver shall be applicable all power in his activities,
such as before his appointed care takers had applicable
10. To conclude, it can be stated that receiver is considered agent
of mortgagor, and mortgagor is responsible for acts and
defaults of receiver particularly when receiver’s acts and
defaults are not caused through mortgagee’s improper
intervention.
