https://www.taxtmi.com/caselaws?id=313729 The HC overturned the Subordinate Judge's decision to appoint receivers for an estate, citing insufficient evidence of waste or fraudulent conduct by the defendant. The HC found the Subordinate Judge's reasoning inconsistent and emphasized that mere possession of movable property does not justify a receiver's appointment. The appeal was allowed, receiver appointments were set aside, and the defendant was directed to submit a statement of account for the estate's assets. The suit was dismissed with minor conditions imposed on the defendant, underscoring the lack of justification for appointing receivers. en-us Wed, 05 Oct 1955 00:00:00 +0530 Tue, 30 Apr 2024 18:46:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=313729 The HC overturned the Subordinate Judge's decision to appoint receivers for an estate, citing insufficient evidence of waste or fraudulent conduct by the defendant. The HC found the Subordinate Judge's reasoning inconsistent and emphasized that mere possession of movable property does not justify a receiver's appointment. The appeal was allowed, receiver appointments were set aside, and the defendant was directed to submit a statement of account for the estate's assets. The suit was dismissed with minor conditions imposed on the defendant, underscoring the lack of justification for appointing receivers. Case-Laws Indian Laws Wed, 05 Oct 1955 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=313729