[9-B . (1) At any time after the issue of the notice under section 9 the Special Judge may of his own motion or on the application of any of the creditors, and shall on the application of any person who might have applied for the appointment of a receiver under sub-section (1). If section 9-A and whose claim remains unsatisfied pass such orders and give such directions for the preservation and management of the debtors property not being proprietary rights in land, and for the satisfaction of such claims from the income of such property as he may consider just and equitable. He may order that the whole or any portion of the income of such property be utilized for the satisfaction of such claim or be appropriated for the maintenance of the debtor and his family and shall give necessary directions for the accumulation of the balance of such income for the benefit of the creditors, and may from time to time vary or modify such orders.
(2) If the Special Judge considers it just and convenient in the interest of the creditors or claimants aforementioned or if he is of the opinion that the proper carrying out of orders passed under subsection (1) so requires, he may appoint a receiver of the whole or any part of debtors property, other than proprietary rights in land, and the provisions of sub-section (2) of section 9-A shall apply to such receiver:
Provided that the Special Judge may for reasons to be recorded appoint the debtor to be the receiver.
(3) A receiver appointed under this section shall continue, even if the decrees passed by the Special Judge have been forwarded to the Collector under section 19 of the Act, unless the Collector for reasons to be recorded in writing cancel or modified the order of his appointment on such terms as he thinks fit. In any, case, any sum which has accumulated or is in the hands of the receiver shall be transferred to the Collector who shall treat such sum as a payment by the applicant in accordance with the provisions of section 23.]