1022 Protection of persons holding under a lease
Companies Act 2006 | Legislation

1022  Protection of persons holding under a lease

(1)     Where the property disclaimed is held under a lease the court must not make a vesting order in favour of a person claiming under the company, whether—

(a)     as sub-lessee, or

(b)     as creditor in a duly registered or (as the case may be) recorded heritable security over a lease,

except on the following terms.

(2)     The person must by the order be made subject—

(a)     to the same liabilities and obligations as those to which the company was subject under the lease in respect of the property, or

(b)     if the court

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