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AI Summary of 522. Effect on receiver or provisional liquidator of order appointing examiner
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522. Effect on receiver or provisional liquidator of order appointing examiner
(1) Where, at the date of the presentation of a petition in relation to a company, a receiver stands appointed to the whole or any part of the property or undertaking of that company the court may make such order as it thinks fit, including an order as to any or all of the following matters:
(a) that the receiver shall cease to act as such from a date specified by the court;
(b) that the receiver shall, from a date specified by the court, act as such only in respect of certain assets specified by the court;
(c) directing the receiver to deliver all books, papers and other records, which relate to the property or undertaking of the company (or any part of it) and are in his or her possession or control, to the examiner within a period to be specified by the court;
(d) directing the receiver to give the examiner full particulars of all his or her dealings with the property or undertaking of the company.