A person,
not necessarily a licensed insolvency practitioner,
appointed to take charge of assets usually where
they are subject to some legal dispute. Not strictly
an insolvency process, the procedure may be used
other than for a limited company, e.g. to settle a
partnership dispute.
(Please Note: The
definitions are not intended to be exhaustive
summaries of the Law. They are based on material
from The Insolvency Act 1986 , and other Acts
dealing with this subject.)
Budgeting at christmas 
