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    <title>Order vesting lease and excluding persons who have not elected Paragraphs 1 to 4 as in FORM WIN 87</title>
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    <description>The tribunal may order that a respondent must elect to apply for a vesting order of company leasehold property within a prescribed period with service proved by affidavit; failure to apply results in exclusion from all interest and security in the premises, whereas a timely application may result in vesting of the company&#039;s leasehold interest in the respondent for the residue of the term, subject to the same liabilities and obligations as those incumbent on the company at the commencement of winding up.</description>
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      <description>The tribunal may order that a respondent must elect to apply for a vesting order of company leasehold property within a prescribed period with service proved by affidavit; failure to apply results in exclusion from all interest and security in the premises, whereas a timely application may result in vesting of the company&#039;s leasehold interest in the respondent for the residue of the term, subject to the same liabilities and obligations as those incumbent on the company at the commencement of winding up.</description>
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