Position of a receiver: liquidator empowered to acquire and retain LLP property, with Tribunal enforcement available. A liquidator is vested with the position of a receiver to acquire and retain LLP property, having equivalent possessory standing as a receiver appointed by the Tribunal, and the Tribunal may enforce such acquisition or retention on the liquidator's application.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Position of a receiver: liquidator empowered to acquire and retain LLP property, with Tribunal enforcement available.
A liquidator is vested with the position of a receiver to acquire and retain LLP property, having equivalent possessory standing as a receiver appointed by the Tribunal, and the Tribunal may enforce such acquisition or retention on the liquidator's application.
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