Principle

COMPANY LAW — Receivership — Locus Standi of Debenture Holder to Apply for Directions Under Section 391 of CAMA

Area of law
COMPANY LAW
Court
Supreme Court

A receiver may seek court directions. The principle applies to company law. The court has discretion to make orders. The rule protects the receiver's proper administration. The court will act justly. The principle is well-established.

Read the full principle with Sanctum

Sanctum is the key to all NLC content: judgments, principles, statutes, rules of court and court forms. Choose a plan from 1 month to 36 months.

Get Sanctum Access I’m a member — Log in