Section 79

Where an application is made to the Court to appoint a receiver or manager of the property of a company, or of the property in Singapore of a corporation, on behalf of the debenture holders or other creditors of the company or corporation, and that company or corporation is being wound up by the Court, the Court may appoint the liquidator of that company or corporation as the receiver or manager of the property of the company or of the property in Singapore of that corporation.