Receiver fees

advocate jeevan kumar (Querist) 03 January 2015 This query is : Resolved
Sir, if court appoint receiver for taking possession of mortgaged property as per SARFESI act. the Receiver also issued notice of possession however the respondent moved to DRT and got stay. now receiver is asking for his fees. plz answer if i am liable to pay fees.

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Devajyoti Barman (Expert) 03 January 2015
If the DRT stays further proceeding of Receiver, you are liable to pay his fees.'However if it stays his appointment itself which is very unlikely then you can refuse to make payment for his fees.

ajay sethi (Expert) 03 January 2015
court will issue directions regarding payment of receiver fees

Rajendra K Goyal (Expert) 03 January 2015
Refer full orders of the stay. If no directives about fee seek DRT directives.

T. Kalaiselvan, Advocate (Expert) 07 January 2015
Yes, the stay order will have a mention about the receiver's fee. You may clarify from your advocate if you don't understand the conditions.

malipeddi jaggarao (Expert) 11 January 2015
Agreed with experts.

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