Commentary

129 Winding up by the court: no successor association

COMMONHOLD vol 8(1)
| Commentary

129 Winding up by the court: no successor association

| Commentary

129 Winding up by the court: no successor association

Where no succession order is made by the court, then, when the winding-up order is made, the liquidator must notify the Chief Land Registrar of that fact, and must also inform the Registrar of various other events as they occur1.

The land will cease to be registered as commonhold when the Chief Land Registrar receives notice from the liquidator that the winding up is at an end2. The units do not vest in the commonhold association in the case of a winding up by the court.

The winding up of a commonhold association

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