RULE 59

RECEIVERSHIP
DEFINITION
- a receiver is an indifferent
person between the parties to a
case, appointed by the court to
receive and preserve the
property in litigation pendent
lite, when it does not seem
reasonable to the court that
either party should hold it.
Receiver
- a person appointed by the court
in behalf of all the parties to an
action for the purpose of
preserving the property involved
in the suit and to protect the
rights of all the parties under the
direction of the court.
- represents neither of the parties.
He is an agent of the court.

WHO APPOINTS THE RECEIVER?

May be appointed by :
1. the court where the case is
pending
2. the CA or a member thereof
3. the SC or a member thereof
GROUNDS FOR RECEIVERSHIP
Section 1, paragraphs a-d
*Generally, you file provisional
remedy while the case is going on
except under paragraph c.
Receivership is not only available
when the case is pending. It is
available even after judgment to:
1. Preserve the property during the
pendency of an appeal.