Rule 6.55 Failure to give or keep up securityI1
England and Wales
(1)
If the interim receiver fails to give or keep up his security, the court may remove him, and make such order as it thinks fit as to costs.
(2)
If an order is made under this Rule removing the interim receiver, or discharging the order appointing him, the court shall give directions as to whether any, and if so what, steps should be taken for the appointment of another person in his place.