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High Court discharges an injunction that allowed a receiver to collect rents from certain properties, due to the receiver's significant delay in progressing the underlying proceedings and failure to comply with a court-ordered deadline. The original injunction, which was granted on the condition of an expedited trial, was intended to be a temporary measure. However, the receiver's subsequent inaction and the lack of a satisfactory explanation for the delay led to the court's decision to remove the injunction, restoring the defendants' right to collect rents. The court also noted potential prejudice to the defendants and the existence of new possession proceedings by the bank, which may render the current proceedings moot.
Injunction, receiver, rent collection, delay in proceedings, court order compliance, directions order, discharge of injunction, prejudice, possession proceedings, expedited trial, High Court, interlocutory orders, breach of court order, substantive proceedings, mortgage default, bank loan facilities, security, properties, trial preparation.
Note: This is intended to be a fair and accurate report of a decision made public by a court of law. Any errors should be notified to the editor and will be dealt with accordingly.
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