Notice of Appointment of Receiver of Income
Pursuant to Section 8(1)(b) of the Receiverships Act 1993
Company No.: 1265213
Foundation Custodians Limited (“the mortgagee”) is the mortgagee under memorandum of mortgage 7036064.2 (Taranaki Land Registry) registered on 19 September
2006 (“the mortgage”) given by AGGARWAL SYSTEMS LIMITED (“the mortgagor”) in favour of the mortgagee and affecting the land in Computer Freehold Register TNH1/614 (Taranaki Land Registry) being the property known as
40 Heta Road, New Plymouth (“the land”).
The mortgagor is in default under the mortgage and the mortgagee is entitled to appoint a receiver of the income from the land or any part of it, upon such default.
The mortgagee appointed Neale Parkinson, of New Plymouth (c/o Bayleys Taranaki, telephone (06) 757 5280) on
27 February 2009, to be the receiver of the income of the land with all the powers conferred upon the receiver of
the income in terms of the mortgage and by the law.
The receiver of the income shall at all times be the agent
of the mortgagor and not of the mortgagee.
Dated this 27th day of February 2009.
This advertisement is inserted by:
JENNIFER MARJORIE WOODWARD, Solicitor for Foundation Custodians Limited.
Address for Service: C/o Gibson Sheat, Level 3, Gibson Sheat Centre, 1 Margaret Street, Lower Hutt.