Receiver

rih-SEE-ver

A neutral person appointed by the court to take custody and manage property that is the subject matter of litigation — preserving the property during the pendency of the suit and preventing its dissipation or deterioration.

Quick Reference

CPC Order XL Rule 1
~3 min read 27 views high confidence

Definition

Court-Appointed Receiver Property Manager Order XL CPC Receiver

A neutral person appointed by the court to take custody and manage property that is the subject matter of litigation — preserving the property during the pendency of the suit and preventing its dissipation or deterioration.

A receiver under Order XL of the CPC is appointed by the court when: (a) it appears necessary for the conservation of the disputed property; (b) there is a danger of the property being dissipated, wasted, or destroyed during the pendency of the suit; or (c) neither party can be trusted with the management of the property during litigation. The receiver is an officer of the court — they manage the property in the court's name, can collect rents and profits, and must account to the court. The receiver's appointment supersedes the parties' rights of possession — neither party can deal with the property without the court's permission.

Statutory Definition

Order XL Rule 1, Code of Civil Procedure, 1908: 'Where it appears to the Court to be just and convenient, the Court may by order — (a) appoint a receiver of any property, whether before or after decree; (b) remove any person from the possession or custody of the property; (c) commit the same to the possession, custody or management of the receiver; and (d) confer upon the receiver all such powers, as to bringing and defending suits and for the realisation, management, protection, preservation and improvement of the property, the collection of the rents and profits thereof, the application and disposal of such rents and profits, and the execution of documents as the owner himself has, or such of those powers as the Court thinks fit.'

Etymology & Origin

From Old French 'receivour' (one who receives) from 'recevoir' (to receive, from Latin 'recipere'). A 'receiver' is literally one who 'receives' — the court delegates to the receiver the receipt and management of the disputed property, replacing the parties' control with the receiver's neutral stewardship.

Full Legal Analysis

This Term in Indian Statutes

CPC Order XL Rule 1
neutral

Code of Civil Procedure, 1908, 1908

"Where it appears to the Court to be just and convenient, the Court may by order appoint a receiver of any property, whether before or after decree."

Receiver: court-appointed neutral manager of disputed property — supersedes parties' possession rights

Visitor No. 486812