Rule 3 of CPC : Rule 3: Duties.

Explanation using Example

Example 1:

Scenario: A family dispute over ancestral property.

Details: Ravi and his siblings are in a legal battle over their ancestral property in Chennai. The court decides to appoint a receiver to manage the property until the dispute is resolved.

Application of Rule 3:

• (a) Security: The court requires the appointed receiver, Mr. Sharma, to furnish a security deposit of ₹2,00,000 to ensure he will manage the property responsibly.
• (b) Accounts Submission: Mr. Sharma is directed to submit detailed accounts of the property's income and expenses every three months in a specified format.
• (c) Payment: The court orders Mr. Sharma to pay any income generated from the property, such as rent, into a designated bank account every month.
• (d) Responsibility for Loss: If Mr. Sharma fails to maintain the property properly and it results in damage or loss, he will be held personally responsible for the loss due to his negligence.

Example 2:

Scenario: Management of a commercial complex during a partnership dispute.

Details: Two business partners, Anil and Sunil, are in a dispute over the management of their jointly-owned commercia...

Login to access all pages and read more content.

To disable ads and read rest of the premium content, subscribe to KanoonGPT Pro.