In which of the following ways can a receiver be appointed?
I.$\quad$by special resolution of the shareholders
II.$\quad$by a court order
III.$\quad$by a lender under the terms of a debt contract
IV.$\quad$by an ordinary resolution of the shareholders

Question

Quizplus · Accepted Answer

A receiver can be appointed by a court order or by a lender under the terms of a debt contract. The appointment cannot be made by an ordinary resolution of shareholders unless the company's articles of association provide for it. However, a receiver can be appointed by special resolution of shareholders in certain circumstances, such as in a voluntary winding up. Therefore, options I and IV are not always applicable.

In Which of the Following Ways Can a Receiver Be \quad

In Which of the Following Ways Can a Receiver Be $\quad$