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Companies Act 2007 · இயற்றப்பட்டவாறு · Part XV · Receivers and Managers

450. General duties of receivers

அதிகாரப்பூர்வ ஆங்கில மொழிபெயர்ப்பு. சிங்கள உரை மேலோங்கும். அதிகாரப்பூர்வ Sinhala உரையைத் திறக்கவும், documents.gov.lk-இல் அதிகாரப்பூர்வ PDF

(1)

A receiver shall exercise his or her powers in good faith.

(2)

A receiver shall exercise his or her powers in a manner he or she believes on reasonable grounds to be in the interest of the person in whose interests he or she was appointed.

(3)

Without prejudice to the provisions contained in subsections (1) and (2), a receiver shall exercise his or her powers having reasonable regard to the interests of —

(a)

the grantor;

(b)

persons claiming through the grantor, interests in the property in receivership;

(c)

unsecured creditors of the grantor; and

(d)

sureties who may be called upon to fulfil obligations of the grantor.

(4)

Where a receiver appointed under an instrument acts or refrains form acting in accordance with any directions given by the person in whose interests he or she was appointed, the receiver shall be deemed not to be in breach of the duty referred to in subsection (2), but shall remain liable for any breach of the duty referred to in subsection (1) or the duty referred to in subsection (3).

(5)

Nothing in this section shall limit or affect the application of section 451.

s 451 முதல் தொடர்ந்து படிக்கவும்

Part XVI