Section 25
SEC. 25. Receiver ships. Without prejudice to any other remedy or course of action avaibale to the Trust or the Asset Management Corporation acting on behalf of the Trust, the Securities and Exchange Commission shall, in addition to the jurisdiction and powers comerred on it by Presidential Decree No. 902-A, upon petition filed ex-parte by the Trust or the Asset Management Corporation on behalf of the Trust, appoint a receiver nominated by the Trust or the Asset Management Corporation on its behalf to take over the management and custody of the properties of a corporation in which the Trust holds equity, or whose obligations have been acquired by the Trust under this Decree, or which holds assets subject to lions in favor of the Trust, in cases where such equity, obligations or liens have been referred by the Trust to the Asset Management Corporation for conservation and disposition and there is imminent danger of dissipation, loss, wastage or destruction of assets or other properties or paralization of business operations of such corporation which may be prejudicial to the interest of its stockholders, creditors, the general public or the National Government or where appointment of a receiver has been stipulated by the parties to a real or chattel mortgage or other agreement as an aid to foreclosure thereof. Such receiver shall have all powers of a regular receiver under the provisions of the Rules of Court and of a management committee, board or body under Section 6 (d) of P.D. 902-A.