2023 Laws not yet authenticated through a Commencement Order

Revised Laws of Saint Lucia (2023)

51.9   Default by receiver

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    (1)   This rule applies if the receiver fails to —

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      (a)     attend for the passing of any account;

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      (b)     pay into court any balance shown on the account as due from the receiver; or

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      (c)     submit an account by the date ordered.

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    (2)   The applicant must ask the court office to fix a hearing for the receiver to show cause for the receiver's failure.

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    (3)   The court office must issue a notice stating the date, time and place of the hearing to show cause.

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    (4)   The applicant must serve the notice on the receiver at least 7 days before the hearing.

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    (5)   At the hearing the court may do any of the following —

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      (a)     give directions to remedy the default;

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      (b)     give directions for the discharge of the receiver;

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      (c)     appoint another receiver;

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      (d)     disallow any remuneration claimed by the receiver;

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      (e)     order the receiver to —

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        (i)     pay the costs of the applicant as assessed by the court, and

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        (ii)     pay interest at the statutory rate on any monies which may appear from a subsequent account to be due from the receiver.