219. Order of appointment.

219.     Order of appointment.

If satisfied that sufficient grounds are shown for the appointment, the court may appoint an interim receiver on such terms as it thinks just1. The court may, however, by an order appointing any person to be an interim receiver direct that his powers are to be limited or restricted in any respect; but, save as so directed, an interim receiver has, in relation to the debtor's property2, all the rights, powers, duties and immunities of a receiver and manager3 pending the appointment of a trustee4.

An order of the