Disclaimer, dissolution and bona vacantia

Disclaimer, dissolution and bona vacantia guidance:

Dissolution A company is dissolved (or deemed dissolved) following: • liquidation • administration • striking off its name off the register by the Registrar of Companies...

Practice Note

Bona vacantia means ‘goods without an owner’ and is a relevant consideration where any company is at risk of being struck off and dissolved. Any assets which have not...

Practice Note

Escheat Paramount lordship of the Crown The principle which underlies the doctrine of escheat is a remnant of the feudal system of land tenure. Under that system, all...

Practice Note

A tenant’s liabilities under the lease come to an end upon disclaimer by a liquidator or a trustee in bankruptcy, but the liability of other parties, including...

Practice Note

This Practice Note considers the disclaimer by liquidators of contracts (often a sale agreement or transfer) containing overage provisions, in the context of disclaimer...

Practice Note

This Practice Note considers the striking off of a company from the register of companies and how to deal with this in the context of a receivership sale of a property...

Practice Note

Disclaimer under the Insolvency Act 1986 (IA 1986) by either a liquidator or a trustee in bankruptcy (trustee) has the following effects: • it operates to determine from...

Practice Note

This Practice Note covers the process of disclaimer and the steps to be taken to disclaim. For guidance on what disclaimer is and what can be disclaimed, see: • Practice...

Practice Note

This Practice Note covers what happens to a lease on disclaimer and the effect of disclaimer on the tenants, guarantors and former tenants, vesting orders, the position...

Practice Note

Disclaimer Under sections 178 and 315 of the Insolvency Act 1986 (IA 1986), a liquidator or a trustee in bankruptcy (trustee) has the power to disclaim property belong to...

Practice Note