Form No. 135 - Order requiring parties interested in disclaimed lease to apply for vesting order or to be excluded from all interest in the leasehold premises
Company Court Rules, 1959 Chapter 01
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Vesting order requirement: claimant must apply to take disclaimed leasehold property subject to original lease liabilities or be excluded. Template order requiring that when a liquidator has disclaimed a company lease, any person claiming interest in the disclaimed leasehold premises must elect to apply for a vesting order to take the property subject to the same liabilities and obligations as the company under the lease at the commencement of winding-up, otherwise be excluded from all interest and security in the premises; the summons is adjourned for service and further directions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Vesting order requirement: claimant must apply to take disclaimed leasehold property subject to original lease liabilities or be excluded.
Template order requiring that when a liquidator has disclaimed a company lease, any person claiming interest in the disclaimed leasehold premises must elect to apply for a vesting order to take the property subject to the same liabilities and obligations as the company under the lease at the commencement of winding-up, otherwise be excluded from all interest and security in the premises; the summons is adjourned for service and further directions.
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