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Immoveable property not to vest in receiver, but may be managed for benefit of creditors

No immoveable property of the insolvent shall vest in the receiver; but the Court, [on application or of its own motion,] may direct the Collector to take into his possession, for any period not exceeding seven years from the date on which the receiver has been appointed, any immoveable property to the possession of which the insolvent is entitle...


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