Order XL Rule 3: Duties — CPC

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Every receiver so appointed shall (a) furnish such security (if any) as the Court thinks fit, duly to account for what he shall receive in respect of the property; (b) submit his accounts at such periods and in such form as the Court directs; (c) pay the amount due from him as the Court directs; and (d) be responsible for any loss occasioned to the property by his wilful default or gross negligence.

Effective date: 1909-01-01

Related sections

Order XL Rule 2: Remuneration Order XL Rule 4: Enforcement of receiver’s duties Order XL Rule 1: Appointment of recievers Order XL Rule 5: When Collector may be appointed receiver Order XIX Rule 3: Matters to which affidavit shall be confined Order XLI Rule 1: Form of appeal

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