An individual appointed by the holder of a floating charge over a company's assets, with powers to sell the secured assets or manage the company's business.
A donee is a person or entity who receives a gift, trust, power, right, or interest without the need to provide consideration in return.
A receiver is an individual appointed to manage the property, assets, or business operations of an entity during bankruptcy or other legal proceedings. The specific powers and duties of a receiver can vary based on the type of receivership.
Receivership is a process where an appointed receiver manages a company's assets to repay debt owed to a lender due to the company's default or insolvency.
