what is receiver in ships
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In law, receivership is a situation in which an institution or enterprise is held by a receiver—a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights"—especially in cases where a company cannot meet financial obligations or enters bankruptcy.
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Heya mate ur answer is
receiver—a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights"
hope it helps
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