Section 195: Validity of act of receiver(cid:3)

195. Validity of act of receiver(cid:3) (1) Subject to subsection (2), no act of a receiver shall be invalid merely because the receiver was not validly appointed or is disqualified from acting as a receiver or is not authorised to do the act.(cid:3) (2) No transaction entered into by a receiver shall be invalid merely because the receiver was not validly appointed or is not authorised to enter into the transaction unless the person dealing with the receiver has, or ought to have, by reason of his relationship with the receiver or the property by whom the receiver was appointed, knowledge that the receiver was not validly appointed or did not have authority to enter into the transaction.(cid:3) [Issue 9] I14 – 114 Revised Laws of Mauritius