Bombay High Court Upholds Court Receiver's 1% Commission on Gross Sale Proceeds in Arbitration Matter — Receiver's Commission Not Subject to Deduction of Expenses. The Court held that the Court Receiver is entitled to 1% commission on the gross sale proceeds without deduction of expenses incurred by the receiver, as per the Bombay High Court (Court Receiver) Rules, 2012.
6 Oct 2015The appellant, L & T Finance Limited, had advanced a loan of Rs 32,40,000 to AGT Infrastructure Pvt. Ltd. for purchase of two vehicles under a loan-cu...




