Amendment status not verified — confirm the current text below against the official source.
(1) In circumstances in which the power of sale and delivery of possession under section 101 might be exercised, the Registrar may, subject to the provisions of sub-section (2), and in accordance with the rules,— (a) on the application of a co-operative land development bank, central co-operative bank or the apex housing society, as the case may be, appoint a receiver of the produce and income of the mortgaged property; (b) on the application of the mortgagor for due cause shown, remove a receiver so appointed; and (c) fill up a vacancy in the office of receiver. (2) The Registrar shall not appoint a receiver where the mortgaged property is already in the possession of a receiver• appointed by a Court.