https://www.taxtmi.com/caselaws?id=110297 Rule 591 of the Bombay High Court (Original Side) Rules, 1980 prescribes a percentage-based scale for the Court Receiver's remuneration, and any reduction is an exceptional departure to be made only in appropriate cases. The Court held that the Chamber Judge's discretion cannot be exercised routinely or by reassessing the Receiver's actual work on a case-by-case basis. Because the Receiver functions within the High Court's institutional framework, authorities on private receivers were distinguished. No abnormal or extraordinary circumstances were shown, and the company's BIFR status and rehabilitation needs were not sufficient grounds to interfere with the prescribed fees and commission. Reduction was therefore refused. en-us Mon, 13 Dec 2004 00:00:00 +0530 Mon, 16 Apr 2012 11:45:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110297 Rule 591 of the Bombay High Court (Original Side) Rules, 1980 prescribes a percentage-based scale for the Court Receiver's remuneration, and any reduction is an exceptional departure to be made only in appropriate cases. The Court held that the Chamber Judge's discretion cannot be exercised routinely or by reassessing the Receiver's actual work on a case-by-case basis. Because the Receiver functions within the High Court's institutional framework, authorities on private receivers were distinguished. No abnormal or extraordinary circumstances were shown, and the company's BIFR status and rehabilitation needs were not sufficient grounds to interfere with the prescribed fees and commission. Reduction was therefore refused. Case-Laws Companies Law Mon, 13 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110297