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A Receiver is appointed to safeguard the interests of debenture holders in the enforcement of the security for their loan. The terms of the average debenture, equitable mortgage, or other loan document given by a borrowing company allow the lender in the event of default to appoint a Receiver.
We will arrange to appoint an approved Receiver and, if necessary, Manager on behalf of the debenture holder.
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| If there are significant or substantial assets to be realised or distributed, or liabilities to be settled, time costs in addition to our fixed fee of S$2800 will be charged. |
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| Dean Tow CPA |
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© 2005 Express Co Registration & Management Pte Ltd. All rights reserved