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english

1 Law:: official receiver; referee in bankruptcy (ie as appointed by the court); liquidator : A person appointed to carry out the winding up of a company. In England and Canada, a receiver who liquidates a corporation on dissolution. HCB ● company liquidator ● official liquidator (ie of a bankrupt businessman or merchant) ● trustee in bankruptcy ● official receiver (Brit) (Receiver – Under s. 8 of the Bankruptcy Act, 1914, the Official Receiver may be appointed to act as interim receiver of the debtor’s property – JBSd ● assignee in bankruptcy (Assignee – Assignees in bankruptcy were those in whom the property of a bankrupt became vested for the benefit of the creditors. They have now been replaced, under the Bankruptcy Act, 1914, by official receivers and trustees in bankruptcy. JBSJ

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