Correct option is A
A receiver is an officer of the Court. When a receiver is appointed, they act under the authority and direction of the Court, and their primary responsibility is to manage, preserve, and protect the property or assets involved in the litigation.
Information Booster:
The receiver's role is to ensure that the property is managed effectively and impartially during the pendency of a legal dispute, preventing either party from taking advantage or misusing the property.
Additional Knowledge:
· Agent of the plaintiff/defendant: Incorrect because the receiver is neutral and does not represent the interests of any party.
· Agent of the parties to the suit: Also incorrect, as the receiver acts on behalf of the Court, not the parties.
