: ▁▁ ▁at ▁any ▁time ▁after ▁the ▁fil ing ▁of ▁an ▁application ▁for ▁a ▁bank rupt cy ▁order ▁and ▁before ▁a ▁bank rupt cy ▁order ▁is ▁made , ▁ ▁after ▁a ▁secured ▁cred itor ▁has ▁file d ▁an ▁advance ▁notice ▁of ▁intention ▁to ▁en force ▁his ▁security ▁on ▁the ▁deb tor ' s ▁property , ▁or ▁ ▁at ▁any ▁time ▁after ▁the ▁fil ing ▁of ▁a ▁notice ▁of ▁intention ▁or ▁of ▁a ▁Division ▁I ▁proposal ▁▁ ▁In ▁the ▁first ▁case , ▁the ▁applic ant ▁must ▁give ▁an ▁undert aking ▁with ▁respect ▁to ▁the ▁deb tor ' s ▁legal ▁rights , ▁and ▁to ▁dam ages ▁in ▁the ▁event ▁of ▁the ▁application ▁being ▁dismiss ed . ▁The ▁inter im ▁receiver ▁can ▁take ▁conserv atory ▁measures ▁and ▁dispose ▁of ▁per ish able ▁property ▁in ▁order ▁to ▁comp ly ▁with ▁the ▁order ▁of ▁the ▁court , ▁but ▁the ▁receiver ▁cannot ▁otherwise ▁und uly ▁inter f ere ▁with ▁the ▁bank rupt ▁in ▁the ▁carrying ▁on ▁of ▁the ▁deb tor ' s ▁business . ▁ ▁In ▁the ▁latter ▁two ▁cases , ▁the ▁court ▁can ▁only ▁make ▁the ▁appointment ▁if ▁it ▁is ▁shown ▁that ▁it ▁is ▁necessary ▁for ▁the ▁protection ▁of ▁the ▁deb tor ' s ▁estate , ▁or ▁in ▁the ▁interest ▁of ▁the ▁cred itor ( s ). ▁ ▁The ▁courts ▁have ▁set ▁out ▁the ▁following ▁factors ▁to ▁be ▁considered ▁in ▁exer cis ing ▁dis cret ion ▁on ▁whether ▁to ▁appoint ▁an ▁inter im ▁receiver : ▁▁ ▁whether ▁the ▁person ▁is ▁in ▁control ▁of ▁the ▁property ▁ ▁whether ▁the