Section 374. Appointment of receiver or receiver and manager

A receiver or receiver and manager may be appointed—

(a) under any instrument that confers on a debenture holder or charge holder the power to appoint a receiver or receiver and manager;

(b) under any instrument that creates a charge in respect of property and undertaking of a company that confers on the charge holder the power to appoint a receiver or a receiver and manager; or

(c) by the Court.