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receivership - Meaning in Hindi

IPA: rɪsivərʃɪpHindi: रिसीवर्शिप / रीसीवर्शिप

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receivership - Meaning in Hindi

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Definitions and Meaning of receivership in English

receivership noun

  1. the office of a receiver
  2. a court action that places property under the control of a receiver during litigation so that it can be preserved for the benefit of all
  3. the state of property that is in the hands of a receiver

    Example

    • "the business is in receivership"

Description

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 its financial obligations and is said to be insolvent. The receivership remedy is an equitable remedy that emerged in the English chancery courts, where receivers were appointed to protect real property. Receiverships are also a remedy of last resort in litigation involving the conduct of executive agencies that fail to comply with constitutional or statutory obligations to populations that rely on those agencies for their basic human rights.

Also see "Receivership" on Wikipedia

What is receivership meaning in Hindi?

The word or phrase receivership refers to the office of a receiver, or a court action that places property under the control of a receiver during litigation so that it can be preserved for the benefit of all, or the state of property that is in the hands of a receiver. See receivership meaning in Hindi, receivership definition, translation and meaning of receivership in Hindi. Learn and practice the pronunciation of receivership. Find the answer of what is the meaning of receivership in Hindi. देखें receivership का हिन्दी मतलब, receivership का मीनिंग, receivership का हिन्दी अर्थ, receivership का हिन्दी अनुवाद।

Tags for the entry "receivership"

What is receivership meaning in Hindi, receivership translation in Hindi, receivership definition, pronunciations and examples of receivership in Hindi. receivership का हिन्दी मीनिंग, receivership का हिन्दी अर्थ, receivership का हिन्दी अनुवाद

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