This is an application filed under O. 14, R. 8 of the Original Side Rules read with Order 40, Rule 1, Clause(d)of the Civil procedure Code, seeking the relief of appointment of a Receiver to manage and take charge of the daily collections of the theatre complex, Sathyam, Shantham and Sub-ham, at No. 16, Whites Road, Royapettah, Madras-600 014, pending disposal of the suit.

2. The short facts of the plaintiff/applicants case is as follows:

The plaintiff is carrying on financial business and in such capacity, he advanced moneys to the first respondent which is a firm and the respondents-2 to 12 are the partners of the same and that in respect of the said advances made to the first respondent firm, represented by the 3rd respondent herein who is the Managing Partner and in such capacity, executed an equitable mortgage in favour of the applicant/plaintiff by depositing the M/s. A.S. Chandrasekaran, and T.V. Ramanujam C. Manishankar Applicants/Paintiffs, for Respondents/Defendants.

M/s. S.C.A.S. Sundaram, B. Giridhar Rao and S. Raghunathan for title deeds of the property situated at No. 16, whites Road, Madras-600 014 as security with an intent to create a mortgage of the said p