|
Sales Tax Rules, 2006
CHAPTER-XI PART-IV APPOINTMENT OF RECEIVER
Sales Tax Rules, 2006 CHAPTER-XI PART-IV APPOINTMENT OF RECEIVER From: 2025-01-01 - To: 0000-00-00 135. Manner of working of receiver.-- (1) Where it appears to the Recovery Officer to be just and convenient, he may by order- a. remove any person from the possession or custody of an attached business or property; b. commit the same to the possession, custody or management of the receiver; and c. confer upon the receiver all such powers, as to bringing and defending suits and for the realization, 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 Recovery Officer thinks fit: Provided that nothing in this rule shall authorize the Recovery Officer to remove from the possession or custody of business or property any person whom any party to the recovery proceedings has not a right to remove. (2) The Recovery Officer may, by general or special order, fix the amount to be paid as remuneration for the services of the receiver but a Government officer appointed as receiver shall not be entitled to such…
|