Скачать или смотреть Order 40 | Receiver | Civil Procedure Code,1908 |

A receiver, as outlined in Order 40 of the Code of Civil Procedure (CPC) in India, is an impartial individual appointed by the court to manage, protect, and preserve property or assets that are the subject of litigation. The primary objective of appointing a receiver is to safeguard the property in question, ensuring its value and condition remain intact during ongoing legal proceedings.

Key Aspects of a Receiver under Order 40 CPC:

Appointment: The court may appoint a receiver when it deems necessary to protect the property involved in a dispute. This appointment is typically considered when there's a risk of the property being damaged, misused, or when parties have conflicting claims over it.

Powers and Duties: A receiver is entrusted with various responsibilities, including collecting rents, profits, or other income from the property, managing and maintaining the property, and, in some cases, selling the property if directed by the court. The receiver acts as the custodian of the property, ensuring its preservation and proper management until the court issues a final decision.

Liabilities: While performing their duties, receivers are expected to act diligently and in good faith. They can be held accountable for any negligence or misconduct in managing the property.