Appointment, powers, duties and liabilities of receivers / Hasbi Hasan

Hasan, Hasbi (1987) Appointment, powers, duties and liabilities of receivers / Hasbi Hasan. [Student Project] (Unpublished)


Companies may be rescued by formal and informal compromises or arrangements with creditors. Constituent. business may be preserved as going concerns by receivere or liquidators through various means including hiving-down. The failure or business and tte dissolution of companies is an unevitable .part of entrepreneurial activity. Thus one sees large companies such as Rolls Royce, International Harvester, and Carrian going to the wall, and recently in Singapore Lee Wah Cane, Lamipak, Pan Electric and assorted retailers, manufacturers and construction companies. It may seem odd to regard receivership as a means of liquidation of the company. It is, after all, procedure for the creditor to take control of the dehtors' property which forms the security. When would a receiver play C'. part in a corporate rescue? Loan agreements where outstandings are secured by fixed or floating charges commonly contain provisions which allow the creditor to take control of the property by appointing a receiver who exercises powers granted to him under the loan agreement or related security documents. These powers generally permit the receiver to protect or realize the security or assets of the company.


Item Type: Student Project
Email / ID Num.
Hasan, Hasbi
Subjects: K Law > K Law in general. Comparative and uniform law. Jurisprudence
K Law > KBP Islamic law. Sharī'ah. Fiqh
K Law > KP Asia and Eurasia, Africa, Pacific Area, and Antarctica. Asia. (South Asia. Southeast Asia. East Asia)
Divisions: Universiti Teknologi MARA, Shah Alam > Faculty of Law
Programme: Diploma In Law
Keywords: Appointment, Powers, Duties, Liabilities, Receivers
Date: 1987
Edit Item
Edit Item


[thumbnail of PPd_HASBI HASAN LW 87_5.pdf] Text

Download (1MB)


Fulltext is available at:

ID Number





Statistic details