Where a representative of the borrower and the creditors has been appointed for a bond issue secured by a land charge or a charge on chattels, he has the same powers as a pledgee under a land charge.
The representative must safeguard the rights of the creditors, the borrower and the owner of the charged property diligently and impartially.
0 commentaries
No commentaries are available for this article yet.
Programmatic access
API and MCP access with filters for source type, region, court, legal area, article, citation, language, and date.