Q&As
Can a landlord forfeit a lease for non-payment of rent after the tenant company has been dissolved and the lease has passed to the Crown?
A company is dissolved (or deemed dissolved) following liquidation, administration, or striking off of its name from the register by the Registrar of Companies. When a company is dissolved, it ceases to have any existence.
On dissolution, all property and rights vested in, or held on trust for the company, immediately before dissolution are deemed to be bona vacantia and vest in the Crown (or in the Duchy of Lancaster or Duke of Cornwall if the company’s registered office was in Lancaster or Cornwall respectively). This includes leasehold property, but not property held by the company on trust for any other person: section 1012(1) of
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