1. THIS appeal is directed against the judgment and decree dated April 22, 1993 passed by the Court of the first instance on the basis of admission contained tin the Balance Sheet of the company, being the first appellant.

2. SHORTLY stated the facts are that on or about 22nd September 1992 the instant suit was instituted by the respondent UCO Bank for various reliefs. In the said suit an interlocutory application was made, inter alia, praying for the following reliefs:-

(a) Receiver be appointed over the suit properties mentioned in annexure 'k' to the plaint with direction to take possession and make inventory there of; (b) The Receiver be directed to sell the teas in stock and those that might be grown and processed and if necessary take the assistance of the respondents No. 2 and 3, and make over the net proceeds thereof to the petitioner; (c) The Receiver be directed to sell the other movable assets after advertisement and make over the net proceeds to the petitioner; (d) The Receiver be appointed to receive the compensation money payable by the Government of Assam and receivable by the first respondent for acquisition by or surrender to the State of Assam 12. 78 hectar