Mortgage Debenture Act, 1865

Power to appoint Receiver.

41. Any Person for the Time being entitled to any Mortgage Debenture of the Company shall be empowered from Time to Time to enforce the Payment of any Arrears of Interest or Principal (as the Case may be) due on such Mortgage Debenture by procuring the Appointment of a Receiver in the Manner and subject to the Conditions herein-after mentioned.