Section 184: Qualifications of receiver

184. Qualifications of receiver (1) Unless the Court orders otherwise, no person may be appointed as a receiver who— (a) is not qualified to be a liquidator; (b) is a creditor of the chargor; (c) is or has within the period of 2 years immediately preceding the commencement of the receivership been a director, officer or auditor of the chargee of the property in receivership or of any corporation which is a related company of the chargee; [Issue 3] I14 – 108 Revised Laws of Mauritius (d) has or has within the period of 2 years immediately preceding the commencement of the receivership had an interest, direct or indirect, in a share issued by the chargor; (e) is a person in respect of whom an order for his removal as a liquidator has been made or is prohibited from acting as a liquidator; (f) is a person who is disqualified from acting as a receiver by the instrument that confers the power to appoint a receiver; or (g) is not qualified to be appointed to be an Insolvency Practitioner. (2) A body corporate shall not be appointed or act as a receiver.