A critical analysis of the duties and liabilities of a receiver under the insolvency act, 2011 Of Uganda
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Date
2016-08
Authors
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Publisher
Kampala International University, School of Law
Abstract
It is increasingly clear that receivers play an important role in case of insolvency, in relation to
prope1iy over receivership, to debtor, guarantor, all persons in whose interests they are appointed
and third parties, however much as Insolvency and Mortgage Act sets out the liabilities of ~ct, as
it is in practice today, stake holders under the Act lack enough knowledge as to the duties and
liabilities of receivers, some tend to confuse them with those of tmstees thus affecting effective
realization of the receivership process and in most cases receivership being not prefened by most
debtors as one of the best options available to them in case of default in payment by creditor.
Therefore this study seeks to examine the duties and liabilities of a receiver during the
Insolvency of a company, the mode of appointment of a receiver and the fonnalities that are
followed therein, how different statutes support the position of a receiver, loopholes in laws
governing receivership in Uganda and make recommendations thereafter.
Description
A dissertation submitted to the faculty of law in partial fulfillment of the requirements for the award of the Degree of Bachelors of law of Kampala International University
Keywords
Duties and liabilities, Receiver under the insolvency act, 2011, Uganda