Section 374
Appointment of receiver or receiver and manager
ActIn forceProvision 374 of 768
Section 374
A receiver or receiver and manager may be appointed—
(a)
under any instrument that confers on a debenture holder or charge holder the power to appoint a receiver or receiver and manager;
(b)
under any instrument that creates a charge in respect of property and undertaking of a company that confers on the charge holder the power to appoint a receiver or a receiver and manager; or
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(c)
by the Court.