Entry from British & World English dictionary
A court order authorizing an official receiver to act in a case of bankruptcy (since 1986 superseded by a bankruptcy order).
- The position prior to the making of the receiving order was that Mr Stone had been ordered to pay maintenance to Mrs Stone and to pay the mortgage instalments and other outgoings on the house.
- On 11th February 1986 a receiving order was made against him.
- When the stockbrokers became bankrupt, their trustee brought an action in which he sought to recover from the client the debt due from him less the value of the shares as at the date of the receiving order.
For editors and proofreaders
Line breaks: re|ceiv¦ing order
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